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A-Level Economics

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

By: Charlie Bolton
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Decks in this class (15)

Unit 1 - Economic Methodology And The Economic Problem
Positive statement 1,
Normative statement 2,
Need 3
19  cards
Unit 2 - Individual Economic Decision Making
Rational behaviour 1,
Utility 2,
Marginal utility 3
20  cards
Unit 3 - Price Determintion In A Competitive Market
Market 1,
Demand 2,
Supply 3
36  cards
Unit 4 - Production, Costs and Revenue
Production 1,
Factors of production 2,
Productivity gap 3
49  cards
Unit 5 - Perfect Competition, Imperfectly Competitve Markets And Monopoly
Market structure 1,
Entry barriers 2,
Exit barriers 3
22  cards
Unit 6 - The Labour Market
Derived demand 1,
Marginal physical product of labo...,
Marginal revenue product of labour 3
15  cards
Unit 7 - The Distribution Of Income And Wealth: Poverry And Inequality
Distribution of income 1,
Distribution of wealth 2,
Income 3
12  cards
Unit 8 - The Market Mechanism, Market Failure And Government Intervention In Markets
Signalling function of prices 1,
Incentive function of prices 2,
Rationing function of prices 3
39  cards
Unit 9 - The Measurement Of Macroeconomic Performance
Policy objectives 1,
Short run economic growth 2,
Long run economic growth 3
44  cards
Unit 10 - How The Macroeconomy Works
Closed economy 1,
Saving 2,
Withdrawal 3
21  cards
Unit 11 - Economic Performance
Demand side 1,
Supply side 2,
Trend growth rate 3
25  cards
Unit 12 - Financial Markets And Monetary Policy
Assets 1,
Liabilities 2,
Money 3
35  cards
Unit 13 - Fiscal Policy And Supply-side Policies
Fiscal policy 1,
Balanced budget 2,
Budget deficit 3
31  cards
Unit 14 - The International Economy: Globalisation And International Trade
Globalisation 1,
World trade organisation 2,
Multinational corporations 3
28  cards
Unit 15 - Exchange Rate Systmes And Economic Growth And Development
Exchange rate 1,
Freely floating exchange rate 2,
Fixed exchange rate 3
12  cards

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A-Level Economics

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A Level Economics
  • 50 decks
  • 1987 flashcards
  • 1176 learners
Decks: Section 1 The Economic Problem, Section 2 Competitive Markets, Section 3 Business Economics, And more!
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