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Microeconomics

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

By: Johann Pacla
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Decks in this class (10)

Week 1 - Supply, Demand, and Elasticities
Which direction does the demand c...,
What direction does the supply cu...,
What is equilibrium
12  cards
Week 2 – Market Structures – Perfect competition and Monopolies
What are some assumptions of a pe...,
What is the golden rule,
What are some assumptions of a mo...
5  cards
Week 3 - Oligolpolies and Game Theory
What is an oligopoly,
What is nash equilibrium,
What is dominant strategy
7  cards
Externalities, property rights, public goods and the environment
What is an externality,
What is the coarse therom,
What is the cap and trade solution
10  cards
Week 5 - Taxes, expected value, and policies
What does an imposed tax do,
Who pays the brunt of the tax on ...,
Who pays the brunt of the tax on ...
8  cards
Week 6 - National income, inflation, unemployment, and economic growth
What s the formula for gdp,
What is gdp,
What is nominal gdp
18  cards
Week 7 - Money, the federal reserve, and monetary policy
What is money,
What is included in m1 m2,
What is the basic structure of th...
7  cards
Week 8 - Macro policy issues - Part 1
What is monetary policy,
What is fiscal policy,
What is the quantity equation
7  cards
Week 9 - Exchange rates and trade
What is an exchange rate,
What determines the exchange rate,
Who influences exchange rate
13  cards
Week 10 - Macro policy issues, part 2
What is the aggregate supply,
What is aggregate demand,
What happens to the supply curve ...
6  cards

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Microeconomics

  • Class purpose General learning

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