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Managerial Economics

This class was created by Brainscape user evie chenery. Visit their profile to learn more about the creator.

By: evie chenery
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Decks in this class (15)

S1 - Fundamentals
What is marginal analysis,
What is economics,
What is the marginal principle
5  cards
S1 - Market forces
What are 2 types of changes in qu...,
What are the demand shifters,
What is the linear demand function
11  cards
S1 - quantitative demand analysis
What is elasticity,
What is own price elasticity of d...,
What is the total revenue test
8  cards
S1 - theory of behaviour
What is consumer behaviour,
What is diminishing marginal rate...,
What are indifference curves
5  cards
S1 - regression analysis
What is regression analysis,
What is least squares regression,
What is evaluating statistical si...
5  cards
S1 - production process
What is the production function,
What are long and short run decis...,
What are measures of productivity
11  cards
S1 - costs and revenues
What is cost function,
What is long and short run cost f...,
What is the classic short run cos...
10  cards
S1 - procurement and incentives
What are the ways to acquire inputs,
What is spot exchange,
What are contracts
7  cards
S2 - analysis of markets
What are the perfect competition ...,
What are the outcomes of perfectl...,
What is the lerner index
9  cards
S2 - monopoly
What is the supply function,
What is change in demand,
When should a firm shut down
18  cards
S2 - game theory
What is normal form,
What is extensive form,
What is pure and mixed strategy
6  cards
S2 - product differentiation
What is product differentiation,
What is horizontal pd,
What is lancaster s characteristi...
6  cards
S2 - barriers to entry
What are contestable markets,
What are necessary conditions for...,
What is limit price
11  cards
S2 - alternative theory
What is neo classical theory,
What is modern corporation,
What are alternative theories
14  cards
S2 - uncertainty
How is risk measured,
What are the key concepts,
What is utility
10  cards

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Managerial Economics

  • Class purpose General learning

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