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

Decks in this class (14)

Interrelationship Between Markets
What are the 5 factors of inter r...,
What is joint demand,
What are complementary goods
9  cards
Market Failure
What is the economic problem,
Markets operate based on,
What do producers want to maximise
40  cards
Public Goods And The Tragedy Of Commons
What is the tragedy of commons,
What are property rights
2  cards
Taxation & Subsidies
How can the government use indire...,
How does indirect taxation effect...,
How do subsidies effect the suppl...
18  cards
Price Controls
Price controls definition,
Maximum price definition,
What is excess demand
8  cards
Pollution Permits
How do pollution permits operate,
The company which finds it cheape...,
Issues with pollution permits
4  cards
State Provision
State provision definition,
Mixed economy definition
2  cards
Theory Of The Firm: Costs
Short run definition,
Long run definition,
If a manufacturing firm decides t...
14  cards
Competitive Markets
What is revenue maximising condition,
How many firms has perfect compet...,
How many firms has monopolsitic c...
82  cards
Government Intervention
What is meant by price controls,
What is meant by a maximum price ...,
What impact does the government s...
20  cards
Labour Markets
What can case labour demand curve...,
What does an elastic labour deman...,
The wage elasticity of demand dep...
10  cards
Week 20
What is poverty,
What is absolute poverty,
What is relative poverty
9  cards
EconPlusDal Micro Y1
Basic economic problem,
What is opportunity costs,
What does a ppf curve show
151  cards
EconPlusDal Micro Y2
1  cards

More about
microeconomics

  • Class purpose General learning

Learn faster with Brainscape on your web, iPhone, or Android device. Study Fabian Byrne's Microeconomics flashcards now!

How studying works.

Brainscape's adaptive web mobile flashcards system will drill you on your weaknesses, using a pattern guaranteed to help you learn more in less time.

Add your own flashcards.

Either request "Edit" access from the author, or make a copy of the class to edit as your own. And you can always create a totally new class of your own too!

What's Brainscape anyway?

Brainscape is a digital flashcards platform where you can find, create, share, and study any subject on the planet.

We use an adaptive study algorithm that is proven to help you learn faster and remember longer....

Looking for something else?

Economics Micro
  • 19 decks
  • 517 flashcards
  • 3 learners
Decks: Micro Part 1, Micro Part 2 Margin Opportunity Of Cost, Micro Part 3 Supply And Demand Price Vol, And more!
Microeconomics
  • 14 decks
  • 645 flashcards
  • 3 learners
Decks: Chapter 1, Chapter 2, Chapter 3, And more!
Micro economics
  • 11 decks
  • 336 flashcards
  • 2 learners
Decks: 11 Nature Of Economics, 12 How Markets Work, 13 Market Failure, And more!
Prelims - Microeconomics
  • 20 decks
  • 413 flashcards
  • 7 learners
Decks: 1 What Is Economics, 2 Specialisation And Trade, 3 Technological Progress, And more!
Make Flashcards