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economics -theme 1 : introduction to markets and market failure

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

By: Megan Mitchell
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Decks in this class (23)

Economics as a social science
No deck description has yet been added by the author.
6  cards
Positive and Normative statements
No deck description has yet been added by the author.
9  cards
Economic data
No deck description has yet been added by the author.
10  cards
The Economic Problem
No deck description has yet been added by the author.
23  cards
Production possibility Frontiers (PPF's)
No deck description has yet been added by the author.
5  cards
Economic growth & the PPF
No deck description has yet been added by the author.
14  cards
Mass production and Division of labour
No deck description has yet been added by the author.
9  cards
Types of economies
No deck description has yet been added by the author.
7  cards
The Functions of Money
No deck description has yet been added by the author.
24  cards
Contributions to economies
No deck description has yet been added by the author.
4  cards
Rational decision making
No deck description has yet been added by the author.
5  cards
Mixed formulas
No deck description has yet been added by the author.
7  cards
Supply & Demand
No deck description has yet been added by the author.
9  cards
Price Elasticity of Demand (PED)
No deck description has yet been added by the author.
12  cards
Income elasticity (YED)
No deck description has yet been added by the author.
12  cards
Cross price elasticity (XED)
No deck description has yet been added by the author.
13  cards
Price elasticity of supply
No deck description has yet been added by the author.
2  cards
Indirect taxes
No deck description has yet been added by the author.
10  cards
Subsidies
No deck description has yet been added by the author.
6  cards
Incidence of tax
No deck description has yet been added by the author.
9  cards
Alternative explanations of behaviour
No deck description has yet been added by the author.
12  cards
Market failure
No deck description has yet been added by the author.
14  cards
Government intervention
No deck description has yet been added by the author.
1  cards

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economics -theme 1 : introduction to markets and market failure

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