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microeconomics

This class was created by Brainscape user laurence roy-michel. Visit their profile to learn more about the creator.

By: laurence roy-michel
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Decks in this class (11)

séance 1
What is the definition of trade,
T or f parties involved in a trad...,
What does utility represents
38  cards
séance 2
What is the definition of individ...,
What is the rule for buyers when ...,
The mv q curve also represents the
39  cards
séance 4
Mc intersects ac and avc at,
Tf ac curve lies below the avc curve,
When mc ac ac decreases or increa...
57  cards
séance 5
What is the definition of a marke...,
On the graph equilibrium is,
What is the market clearing condi...
38  cards
séance 6
What is the key points to define ...,
What are the 3 types of barriers ...,
When it comes to profit maximizat...
38  cards
séance 3
What is the definition of a firm ...,
What are the factors of productio...,
What is the tradeoff that firms f...
6  cards
séance 7 - pricing strategies
What are the 3 conditions of pric...,
What is the first degree of pd,
What is the 2nd degree of pd
17  cards
séance 8 - uncertainty and the value of information
How to calculate expected payoff ...,
What is specific about ev for inv...,
How can a fair bet be defined
30  cards
séance 9 - game theory and strategic interaction
What is the description of a game,
What is the assumption that must ...,
What is the best strategy of the ...
16  cards
chapter 10 - oligopoly
What is an oligopoly,
The nb of firms in a oligopoly in...,
Market shares are a measure of
29  cards
11 - asymmetric information
Why does ai matter,
What do we mean when we say that ...,
What happens when there is perfec...
12  cards

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microeconomics

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