Brainscape's Knowledge GenomeTM

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


See full index

Microeconomics Y1

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

By: Harrison Millard-Smith
Start Studying

Decks in this class (11)

Rational Decision Making
Rational decision making
1  cards
Demand
Demand,
Movements along the demand curve,
Shifting the demand curve
6  cards
Price, Income And Cross Elasticities Of Demand
Price elasticity of demand,
Formula for price elasticity of d...,
Price elastic good
15  cards
Supply
Supply curve,
Movements along the supply curve,
Shifting the supply curve
8  cards
Price Determination
Equilibrium price and quantity,
Excess demand,
Excess supply
4  cards
Price Mechanism
Functions,
Three main functions to allocate ...
2  cards
Consumer And Producer Surplus
Consumer surplus,
Increasing consumer surplus,
Decreasing consumer surplus
7  cards
Indirect Taxes And Subsidies
Indirect taxes,
Two types of indirect taxes,
Tax in diagram
9  cards
Alternative Views Of Consumer Behaviour
Rationality,
Reasons for utility maximising
2  cards
Types Of Market Failure
When market failure occurs,
Types of market failure,
Non excludable and non rival
3  cards
Externalities
Externalities,
Private costs,
Social costs
9  cards

More about
Microeconomics Y1

  • Class purpose General learning

Learn faster with Brainscape on your web, iPhone, or Android device. Study Harrison Millard-Smith's Microeconomics Y1 flashcards 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?

AS Level AQA Biology (Y1)
  • 43 decks
  • 1272 flashcards
  • 87 learners
Decks: 3121 Introduction To Biological Molecule, 3122 Carbohydrates Monosaccharides To Po, 3123 Reducing And Non Reducing Sugar Tes, And more!
AP Microeconomics
  • 10 decks
  • 428 flashcards
  • 219 learners
Decks: Introduction, Consumer Theory, Producer Theory, And more!
Microeconomics
  • 14 decks
  • 645 flashcards
  • 3 learners
Decks: Chapter 1, Chapter 2, Chapter 3, And more!
Y1 GASTROENTEROLOGY
  • 42 decks
  • 1790 flashcards
  • 1 learners
Decks: Physiology, Pharmacology, Intestinal Failure Malnutrition Malabsor, And more!
Find Flashcards
Make Flashcards
Brainscape helps you reach your goals faster, through stronger study habits.
© 2024 Bold Learning Solutions. Terms and Conditions