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

Decks in this class (30)

Theme 1: Introduction to Markets and Market Failure
What is a maximum price 1,
What is a minimum price 2,
What is a pollution permit 3
73  cards
1.1 Nature of Economics
What is ceteris paribus 1,
What is a positive statement 2,
What is a normative statement 3
23  cards
1.2 How Markets Work
What are the 3 main assumptions o...,
What are some factors that could ...,
What is diminishing marginal util...
30  cards
1.3 Market Failure
What are the 3 main types of mark...,
What is an externality 2,
What is under provision of public...
13  cards
1.4 Government Intervention
What is a maximum price 1,
What is a minimum price 2,
What is a pollution permit 3
7  cards
Theme 3: Business Behaviour and the Labour Market
Why do some firms decide to remai...,
Why do some firms grow 2,
What is the principal agent probl...
55  cards
3.1 Business Growth
Why do some firms decide to remai...,
Why do some firms grow 2,
What is the principal agent probl...
14  cards
3.2 Business Objectives
What is the profit maximisation p...,
Why might a firm profit maximise 2,
What is the revenue maximisation ...
7  cards
3.3 Revenues, Costs and Profits
What is total revenue tr 1,
What is average revenue ar 2,
What is marginal revenue mr 3
15  cards
3.4 Market Structures
What is allocative efficiency 1,
What is productive efficiency 2,
What is dynamic efficiency 3
19  cards
3.5 Labour Markets
What is derived demand 1,
What are some factors influencing...,
What does the ped of labour mean 3
7  cards
3.6 Government Intervention
0  cards
Economics Paper 1: Markets and Business Behaviour
0  cards
Microeconomics
What are the 3 main types of mark...,
What is an externality 2,
What is under provision of public...
128  cards
Theme 2: The UK Economy, Performance and Policies
0  cards
2.1 Measures of Economic Performance
What is gdp 1,
What is gross national income 2,
What is gross national product 3
27  cards
2.2 Aggregate Demand
0  cards
2.3 Aggregate Supply
0  cards
2.4 National Income
0  cards
2.5 Economic Growth
0  cards
2.6 Macroeconomic Objectives and Policies
0  cards
Theme 4: A Global Perspective
0  cards
4.1 International Economics
0  cards
4.2 Poverty and Inequality
0  cards
4.3 Emerging and Developing Economies
0  cards
4.4 The Financial Sector
0  cards
4.5 Role of the State in the Macroeconomy
0  cards
Economics Paper 2: The National and Global Economy
0  cards
Macroeconomics
0  cards
Micro/Macro Economics
0  cards

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A Level Economics

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A Level Economics
  • 50 decks
  • 1987 flashcards
  • 1146 learners
Decks: Section 1 The Economic Problem, Section 2 Competitive Markets, Section 3 Business Economics, And more!
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