Brainscape's Knowledge GenomeTM

Browse over 1 million classes created by top students, professors, publishers, and experts.


See full index

Micro Economics

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

By: Lydia Smith
Start Studying

Decks in this class (12)

Basic Economic Principles And Terms
What is a stakeholder,
What are the four main stakeholders,
What is gdp
34  cards
1 Economic Methodology And The Economic Problem
What is ceteris paribus,
What is a positive statement,
What is a normative statement
31  cards
2 Individual Economic Decision Marketing
What is the consumers aims when m...,
What is the firms aim when making...,
What is a consumers utility
33  cards
3 Price Determination In A Competitive Market
What is demand,
What s the factors shift of the d...,
What does the downward sloping de...
27  cards
4 Production Costs and Revenues
How is productivity calculated,
What does being more productive mean,
How come productivity be increased
31  cards
5.4 Monopoly And Monopoly Power
Charcteristics of a monopoly,
When does a firm have monopoly power,
The higher the barriers to entry
7  cards
5.7 Price Discrimination
What is price discrimination,
What is firs degree price discrim...,
What is second degree price discr...
9  cards
5.8 Dynamics Of Competition And Market Processes
What is a long run benefit of com...,
What is a short run benefit of co...,
Who proposed the idea of creativ ...
5  cards
5.9 Contestable And Non Contestable Markets
0  cards
5.1 Perfect Competition
What are the different market str...,
How is a market structure charact...,
The more firms there are the more
23  cards
5.2 Monopolistic Competition
Characteristics of monopolistical...,
What do buyers and sellers have i...,
Why can firms in a monopolistical...
7  cards
5.3 Oligopoly
Characteristics of an oligopoly,
Why are there high barriers to en...,
How are firms interdependent in a...
24  cards

More about
Micro Economics

  • Class purpose General learning

Learn faster with Brainscape on your web, iPhone, or Android device. Study Lydia Smith's Micro Economics flashcards for their Harrogat Grammar School class now!

How studying works.

Brainscape's adaptive web mobile flashcards system will drill you on your weaknesses, using a pattern guaranteed to help you learn more in less time.

Learn more about spaced repetition

Add your own flashcards.

Either request "Edit" access from the author, or make a copy of the class to edit as your own. And you can always create a totally new class of your own too!

What's Brainscape anyway?

Brainscape is a digital flashcards platform where you can find, create, share, and study any subject on the planet.

We use an adaptive study algorithm that is proven to help you learn faster and remember longer....

Looking for something else?

AP Microeconomics
  • 10 decks
  • 428 flashcards
  • 219 learners
Decks: Introduction, Consumer Theory, Producer Theory, And more!
Micro Economics
  • 57 decks
  • 590 flashcards
  • 3 learners
Decks: Law Of Diminishing Returns, Fixed And Variable Costs Afc Tfc Avc, Marginal Costs Average Costs, And more!
Microeconomics
  • 14 decks
  • 645 flashcards
  • 3 learners
Decks: Chapter 1, Chapter 2, Chapter 3, And more!
MICRO
  • 22 decks
  • 2879 flashcards
  • 8 learners
Decks: Ch2 Innate Immunity, Ch3 Lymph Mhc Antigen Presentation, Ch4 B Cells, And more!
Find Flashcards
Make Flashcards
Brainscape helps you reach your goals faster, through stronger study habits.
© 2024 Bold Learning Solutions. Terms and Conditions