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economics micro

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

By: Nayana Donald
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Decks in this class (10)

Business growth
What are the reasons some firms grow,
Why don t all firms grow,
What is the principle agent problem
20  cards
Business objectives
Total revenue formula,
Average revenue formula,
Average revenue curve
39  cards
Labour markets
Elasticity of demand for labour,
How will elastic demand effect wages,
Hw
26  cards
Perfect Competition
Characteristics of perfect compet...,
How does a firm of perfect compet...,
Advantages of perfect competition
5  cards
Monopoly
Characteristics of monopoly,
Influences of monopoly power,
Where is the profit maximisation ...
13  cards
Oligopoly
Oligopoly definition,
Characteristics of an oligopoly,
N firm concentration ratios ratios
14  cards
Monopolistic Competition
Characteristics on monopolistic c...,
Long run monopolistic competition,
Evaluation of monopolistic compet...
3  cards
Theme 1
Consumer surplus,
Producer surplus,
Functions of money
8  cards
Government Intervention
Controlling mergers,
Controlling monopolies,
Profit regulation
12  cards
Market Failure
Market failure,
Types of market failure,
Private costs benefits
9  cards

More about
economics micro

  • Class purpose General learning

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