This class was created by Brainscape user miryana boos.

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Decks in this class (21)

THEME 1, Nature of Economics (1.1)
What is ceteris paribus 1,
What is an economic law 2,
What is normative economics 3
106  cards
THEME 1, How markets work (1.2)
What is on the x and y axis of th...,
What assumptions are made on the ...,
What happens to demand when price...
124  cards
THEME 1, Market failure (1.3)
What is marginal private benefit ...,
What is marginal private cost mpc 2,
What is market failure 3
68  cards
THEME 1, Government Intervention (1.4)
What are the advantages of indire...,
What are the disadvantages of ind...,
Examples of indirect taxes used f...
42  cards
THEME 2, Measures of economic performance (2.1)
What is economic growth 1,
What are goods 2,
What are services 3
113  cards
THEME 2, Aggregate demand (2.2)
How is aggregate demand calculated 1,
What is consumption 2,
What is investment 3
35  cards
THEME 2, Aggregate supply (2.3)
What is aggregate supply 1,
What are sras 2,
What are sra s impacted by 3
30  cards
THEME 2, National Income (2.4)
What is income 1,
What is wealth 2,
How can wealth generate income 3
23  cards
THEME 2, Economic Growth (2.5)
0  cards
THEME 2, Macroeconomic objectives and policies (2.6)
What are the 4 key macroeconomic ...,
What is the aimed unemployment ra...,
What are demand side policies aim...
53  cards
THEME 3, Business Growth (3.1)
What is a firm 1,
Why do firms grow 2,
What does traditional economics a...
52  cards
THEME 3, Business Objectives (3.2)
What are the main 5 business obje...,
What is profit maximisation 2,
Why may firms choose to profit ma...
35  cards
THEME 3, Revenues, costs and profits (3.3)
What is the average revenue curve...,
What is total revenue 2,
What is average revenue 3
65  cards
THEME 3, Market structures (3.4)
What is allocative efficiency 1,
What is productive efficiency 2,
What is dynamic efficiency 3
117  cards
THEME 3, Labour Market (3.5)
What are labour markets 1,
How are labour markets linked wit...,
What other words mean product 3
69  cards
THEME 3, Government intervention (3.6)
What is cma 1,
What does cma do 2,
What is pillar 1 of competition p...
25  cards
THEME 4, International economics (4.1)
0  cards
THEME 4, Poverty and Inequality (4.2)
What is absolute poverty 1,
How does the world bank define ab...,
What is the correlation between e...
20  cards
THEME 4, Emerging and developing economies (4.3)
0  cards
THEME 4, The financial sector (4.4)
0  cards
THEME 4, Role of the state in the macroeconomy (4.5)
0  cards

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A LEVEL ECONOMICS

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A Level Economics
  • 50 decks
  • 1987 flashcards
  • 1321 learners
Decks: Section 1 The Economic Problem, Section 2 Competitive Markets, Section 3 Business Economics, And more!