A-Level Economics

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

Decks in this class (16)

Microeconomics Unit 1.1 Economic Problem
Scarcity,
Explain this graph,
What is a free good
27  cards
Microeconomics- Unit 3.1 Business Objectives
Paper 1
20  cards
Microeconomics 1.2
What is resource allocation,
Capitalism,
Adam smith
18  cards
Unit 3.2 Microeconomics
Costs, economics of scale, revenue and profit
34  cards
1.3 Opportunity Cost
Opportunity cost,
Trade off,
Production possibility curve
19  cards
Market structures- Topic 4
Market stucture with many buyers ...,
Perfect competition,
Price taker
11  cards
Units 2.2, 2.3, 2.4, 2.5 Demand, Supply and Market Equilibrium
The operation of the market
45  cards
4.1 Perfect Competition
Perfect competition,
Price taker,
Homogenous products
13  cards
4.2 Monopolies
Monopoly,
Monopoly power,
Barriers to entry
20  cards
Monopolistic Competition and Oligopoly
Monopolistic competition,
Characteristics of monopolistic c...,
Type of profits firms in monopoli...
23  cards
2.6 Microeconomics Elasticities of demand
Elasticity,
Price elasticity of demand,
Ped is calculated by
49  cards
2.6 Microeconomics Price Elasticity of Supply
Price elasticity of supply,
Pes 0,
Pes 1
15  cards
Microeconomics 4.5
Contestable Markets
21  cards
Microeconomics 5.1-5.3 Labour Market
The Labour Market
41  cards
2.7 Microeconomics The Concept of the Margin
The margin,
Marginal utility,
Total utility
15  cards
2.8 Microeconomics Market Failure
Market failure,
Socially optimal allocation,
Marginal social benefit
25  cards

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A-Level Economics

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A Level Economics
  • 50 decks
  • 1987 flashcards
  • 1054 learners
Decks: Section 1 The Economic Problem, Section 2 Competitive Markets, Section 3 Business Economics, And more!
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