Hey guys its like more than 1.5 terms since we started learning economics, and we are almost nearing the end of lecture 8 market failure. How much economic jargon have you chalked up?
Here is our version of A-Z on economics we have learnt so far!
Allocative efficiency
Benefits
Choice
Demand
Equilibrium
Factors of production
Government intervention
How much to produce
Income
Joint supply
Knowledge-based economy
Land
Market
Non-excludability
Opportunity Cost
Price
Quantity
Revenue
Scarcity
Taxation
Underproduction
ad Valorem tax
Welfare loss
X-elasticity
Yield
ZERONINESSIXSIX LOVES ECONS!!!!!
Yay!
Sign off,
Kenneth, Jun Xian, Aik Hwee, Wai Chew, Yi Sheng
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment