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IB ECON

This class was created by Brainscape user Neutral Goblin Academia. Visit their profile to learn more about the creator.

By: Neutral Goblin Academia
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Decks in this class (15)

ECON 1: Introduction to Economics
0  cards
ECON 2.1+2.2: Demand and Supply
What is the law of demand,
What is ceteris paribus,
How do the factors of demand incr...
15  cards
ECON 2.4-2.6: PED, YED, and PES
Price elastic demand,
Price elastic supply,
Price inelastic demand
12  cards
ECON 2.7: Government Intervention (Microeconomics)
0  cards
ECON 2.8-2.9: Market Failures
Define marginal social benefit msb,
Define marginal social cost msc,
What are negative externalities o...
6  cards
ECON 3.1-3.2: Economic Activity
Define gross domestic product,
Define gross national income,
Define consumption c
8  cards
ECON 3.3: Economic Objectives
0  cards
ECON 3.4: Economics of inequality and poverty
0  cards
ECON 3.5-3.7: Government Intervention (Macroeconomic Policies)
What are supply side policies,
Main goals of supply side policies,
Define market based supply side p...
15  cards
ECON 4.1+4.4: Trade and Economic Integration
What is the progression of econom...,
What is a preferential trade agre...,
What is a free trade area agreement
11  cards
ECON 4.2-4.3: Trade Protectionism and Evaluation
What is trade protection,
Argument for protectionism,
Argument for protectionism natina...
18  cards
ECON 4.5: Exchange Rates
Determinant of exchange rate fore...,
Determinant of exchange rate dome...,
Determinant of exchange rate fore...
12  cards
ECON 4.6: Balance of Payments
0  cards
ECON 4.7-4.8: Economic Development and Measurement
0  cards
ECON 4.9-4.10: Economic Growth/Development Barriers and Strategies
Which domestic factors contribute...,
Which international trade factors...,
How can import substitution contr...
17  cards

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IB ECON

  • Class purpose General learning

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