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Micro Econ : Paper 1

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

By: Zara Mallick
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Decks in this class (5)

price , income & cross elasticities
Elastic,
Inelastic,
Unitary elastic
23  cards
blobs of information
3 economic decisions,
Demand curve is drawn in the assu...,
If a firm average revenue curve e...
13  cards
The Maket Mechanism , Market failure and Gov Intervention
Market failure definition,
Examples of market failure,
Negative consumption externalities
7  cards
Goverment Failure
4 ways the market fails,
Ways the government can intervene,
Gov failure definition
8  cards
behavioural econ
Definition of behavioural econ,
Definition of rational behaviour,
Definition of utility
6  cards

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Micro Econ : Paper 1

  • Class purpose General learning

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