Economics 101 Flashcards

Decks in this Class (11):

• First Midterm Class Notes

  First Midterm - Class Notes

  Sample Cards:

  what is econ,

  econ choices,

  what are the 2 main branches of econ
  31 Cards
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• Second Midterm Class Notes

  Second Midterm - Class Notes

  Sample Cards:

  cross price elasticity,

  elasticity of supply,

  application product specific tax
  14 Cards
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• Second Midterm Class Notes 2

  Second Midterm - Class Notes 2

  Sample Cards:

  the legal organization of firms,

  elaborate on sole proprietorship,

  elaborate on partnerships
  23 Cards
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• Perfect Competition

  Perfect Competition

  Sample Cards:

  the theory of perfect competition,

  profit maximization in the short run,

  how to calculate market supply
  6 Cards
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• Competitive Analysis

  Competitive Analysis

  Sample Cards:

  competitive analysis,

  producers surplus
  2 Cards
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• Monopoly

  Monopoly

  Sample Cards:

  when does a pure monopoly exist,

  entry barriers,

  profit maximization for the monopolist
  12 Cards
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• Price Discrimination

  Price Discrimination

  Sample Cards:

  when does price discrimination occur,

  what are the 3 types of price discrimina,

  price discrimination first degree
  6 Cards
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• Oligopolies

  Oligopolies

  Sample Cards:

  characteristics of oligopolies,

  collusion,

  cartels pros and cons
  3 Cards
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• Game Theory

  Game Theory

  Sample Cards:

  the prisoners dilemma,

  prisoners dilemma problem,

  what happens when they both dont have a
  9 Cards
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• Sequential Games

  Sequential Games

  Sample Cards:

  whats a sequential game,

  backwards induction
  2 Cards
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• Factor Markets

  Factor Markets

  Sample Cards:

  factors,

  demand for factors,

  marginal product definition
  16 Cards
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