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By:
Tom Berg
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Decks in this class (16)
Week 3
What is the range of market struc...,
What are 3 factors that effect th...,
How does the number of firms effe...
32
cards
Week 4
What is the range of most competi...,
The number of firms in the 4 diff...,
What are the 4 assumptions of per...
23
cards
week 5
5 parts of a non competitive mark...,
What is an example of a non compe...,
What is monopolostic competition ...
20
cards
Week 7
1
cards
Week 8
Price war definition and outcome,
What is one way firms within an o...,
Predatory pricing definition and ...
14
cards
Week 9
Collusive and competitive oligopoly,
Why would rival firms want to col...,
What is the profit incentive for ...
18
cards
Week 10
Consumer surplus definition,
Price discrimination definition,
1st degree price discrimination
12
cards
Week 11
What does the theory of contestab...,
Barriers to entry definition,
Artificial barriers to entry
12
cards
Week 12
Price controls,
What depends on the form of inter...,
Why would price control intervent...
8
cards
Week 14 - gov intervention
Why do governments intervene in m...,
Government failure definition,
Why might government intervention...
20
cards
Week 15
Why are most labour supply curves...,
What is the income effect,
How does a backwards bending supp...
18
cards
Week 16 and 17
Trade union definition,
What are 4 objectives of trade un...,
2 ways trade unions achieve their...
26
cards
Week 18 & 19
Income definition,
3 examples of income a flow of money,
Wealth definition
32
cards
Week 20
Poverty definition,
What are the 2 types of poverty,
Absolute poverty definition
22
cards
Week 23
Private goods definition 2 charac...,
Public goods definition 2 charact...,
Free rider problem example
24
cards
week 24
A way to incentivise private busi...,
How do pollution permits work,
How are pollution permits trade a...
8
cards
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Y2 Microeconomics
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