This class was created by Brainscape user Fabian Byrne. Visit their profile to learn more about the creator.
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Fabian Byrne
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Decks in this class (14)
Interrelationship Between Markets
What are the 5 factors of inter r...,
What is joint demand,
What are complementary goods
9
cards
Market Failure
What is the economic problem,
Markets operate based on,
What do producers want to maximise
40
cards
Public Goods And The Tragedy Of Commons
What is the tragedy of commons,
What are property rights
2
cards
Taxation & Subsidies
How can the government use indire...,
How does indirect taxation effect...,
How do subsidies effect the suppl...
18
cards
Price Controls
Price controls definition,
Maximum price definition,
What is excess demand
8
cards
Pollution Permits
How do pollution permits operate,
The company which finds it cheape...,
Issues with pollution permits
4
cards
State Provision
State provision definition,
Mixed economy definition
2
cards
Theory Of The Firm: Costs
Short run definition,
Long run definition,
If a manufacturing firm decides t...
14
cards
Competitive Markets
What is revenue maximising condition,
How many firms has perfect compet...,
How many firms has monopolsitic c...
82
cards
Government Intervention
What is meant by price controls,
What is meant by a maximum price ...,
What impact does the government s...
20
cards
Labour Markets
What can case labour demand curve...,
What does an elastic labour deman...,
The wage elasticity of demand dep...
10
cards
Week 20
What is poverty,
What is absolute poverty,
What is relative poverty
9
cards
EconPlusDal Micro Y1
Basic economic problem,
What is opportunity costs,
What does a ppf curve show
151
cards
EconPlusDal Micro Y2
What is the definition of short run,
What is the equation for marginal...,
What is the law of diminishing re...
136
cards
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Microeconomics
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