ECON 1 Flashcards
Flashcard sets for ECON 1 shared by students. Study them here or add them to Studyboard.
2 flashcard sets
- ECON 130 terms ECON 1 Final Review: Supply and Demand, Market Structures, GDP and Macro PolicyOpportunity cost · Absolute vs comparative advantage · What does a production possibilities frontier (PPF)…
- ECON 132 terms ECON 1 Midterm Review: Trade, Supply and Demand, Elasticity, Welfare and Costs of ProductionWhat is opportunity cost? · What does it mean to think at the margin? · Production possibilities frontier:…
Also see ECON 1 quizzes.