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

Decks in this class (31)

1.1 Economic methodology
No deck description has yet been added by the author.
6  cards
1.2 Nature and Purpose of Economic Activity
No deck description has yet been added by the author.
10  cards
1.3 Economic Resources
No deck description has yet been added by the author.
8  cards
1.4 Scarcity, choice, and the allocation of resources
No deck description has yet been added by the author.
7  cards
1.5 PPF's/PPC's
No deck description has yet been added by the author.
9  cards
2.1 The determinants of demand
No deck description has yet been added by the author.
19  cards
2.2 Price, income and cross elasticities of demand
No deck description has yet been added by the author.
26  cards
2.3 The determinants of supply
No deck description has yet been added by the author.
8  cards
2.4 Price elasticity of supply
No deck description has yet been added by the author.
7  cards
2.5 The determination of market equilibrium
No deck description has yet been added by the author.
8  cards
2.6 The interrelationship between markets
No deck description has yet been added by the author.
7  cards
2.7 Application to particular markets
No deck description has yet been added by the author.
6  cards
3.1 Productivity and production
No deck description has yet been added by the author.
10  cards
3.2 Specialisation, division of labour and exchange
No deck description has yet been added by the author.
6  cards
3.3 Costs of production
No deck description has yet been added by the author.
15  cards
3.4 Economies and Diseconomies of Scale
No deck description has yet been added by the author.
14  cards
3.5 Average revenue, total revenue and profit
No deck description has yet been added by the author.
4  cards
4.1 Market structures
No deck description has yet been added by the author.
13  cards
4.2 The objectives of firms
No deck description has yet been added by the author.
9  cards
4.3 Competitive markets
No deck description has yet been added by the author.
6  cards
4.4 Monopoly and Monopoly Power
No deck description has yet been added by the author.
26  cards
4.5 The competitive process
No deck description has yet been added by the author.
3  cards
5.1 How markets and prices allocate resources
No deck description has yet been added by the author.
8  cards
5.2 The meaning of market failure
No deck description has yet been added by the author.
6  cards
5.3 Public goods, private goods and quasi-public goods
No deck description has yet been added by the author.
8  cards
5.4 Positive and negative externalities in production and consumption
No deck description has yet been added by the author.
19  cards
5.5 Merit and demerit goods
No deck description has yet been added by the author.
8  cards
5.6 Market imperfections
No deck description has yet been added by the author.
15  cards
5.7 Inequitable distribution of income and wealth
No deck description has yet been added by the author.
0  cards
5.8 Government intervention in markets
No deck description has yet been added by the author.
22  cards
5.9 Government failure
No deck description has yet been added by the author.
7  cards

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microeconomics year 1

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