A-level Economics- Theme 3

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

Decks in this class (11)

Sizes & Types of Firms and Business Growth
What is a firm 1,
What is industry 2,
Why do firms grow 3
48  cards
Oligopoly
What is an oligopoly 1,
How do you know if a market is an...,
What are real life examples of ol...
13  cards
Monopolistic Competition
Define monopolistic competition 1,
What are the similarities between...,
What are the differences between ...
7  cards
Monopoly
What is a monopoly 1,
What are the characteristics of a...,
What are all monopolies assumed t...
8  cards
Labour Supply
Who supplies labour 1,
Describe the individual labour su...,
Describe the industry labour supp...
15  cards
Labour Demand
Who demands labour 1,
What is the idea of derived demand 2,
What does the interaction of the ...
10  cards
Market Structures, Efficiency & Perfect Competition
How many models of market sellers...,
State the 4 models of market sell...,
What is the concentration ratio 3
35  cards
Business Objectives
What are the main business object...,
What is profit maximisation and w...,
How can you evaluate profit maxim...
21  cards
Cost, Revenues, Profits & Economies of Scale
What is total revenue 1,
How do you calculate total revenue 2,
What is average revenue also know...
55  cards
Demergers
What is a demerger 1,
What is a horizontal demerger 2,
What is a vertical demerger 3
18  cards
Constraints on Business Growth (why firms remain small)
What do barriers to entry or exit...,
Why must some firms remain small 2,
How many reasons are there for wh...
14  cards

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A-level Economics- Theme 3

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