1
Q
Economic development
A
An improvement in economic welfare
2
Q
The World Bank
A
An international organisation which provides long term loans on favourable terms, to promote development
3
Q
The IMF
A
An international organisation that promotes international trade and global financial stability
Economics
flashcards
Decks in class (32)
# Cards
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Ch.1-The basic economic problem6
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Ch.2- Factors of Production21
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Ch.3- Opportunity Cost1
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Ch.4- Production Possibility Curves1
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Ch.5-Microeconomics and Macroeconomics5
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Ch.6- The role of markets in allocating resources12
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Ch.7- Demand14
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Ch.8- Supply13
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Ch.9- Price Determination4
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Ch.11- Price Elasticity of Demand6
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Ch.12- Price elasticity of supply6
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Ch.13- Market economic system9
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Ch.14- Market Failure14
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Ch.15- Mixed economic system7
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Ch.16- Money and banking4
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Ch.17-Households7
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Ch.18- Workers11
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Ch.19- Trade unions5
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Ch.24-The role of the government6
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Ch.25-The macroeconomic aims of governments11
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Ch.26- Fiscal Policy17
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Ch.27-Monetary policy4
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Ch.28- Supply-side policies2
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Ch.29- Economic growth10
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Ch.30- Employment and unemployment16
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Ch.31- Inflation and deflation12
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Ch.32- Living standards6
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Ch.33- Poverty4
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Ch.34- Population9
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Ch.35- Economic development3
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Ch.36- International specialisation3
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Ch.37- Free trade and protection10
