A-Level Micro Economics (AQA)

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

Decks in this class (22)

4.1.1.1 Economic Methodology
Why is economics as a social science,
What are models in economics,
What are assumptions
8  cards
4.1.1.2 The nature & purpose of economic activities
What is the purpose of economic a...,
What are the three key key econom...,
What is a need
6  cards
4.1.1.3 Economic resources
What are the four factors of prod...,
What is the acryomn for the facto...,
What is automation
7  cards
4.1.1.4 Scarcity, choice & the allocation of resources
What is the basic economic problem,
What is scarcity,
What is an opportunity cost
5  cards
4.1.1.5 Production possibility diagrams
1  cards
4.1.2.1 Consumer behaviour
1  cards
4.1.2.2 Imperfect information
0  cards
4.1.2.3 Aspects of Behavioural economic theory
0  cards
4.1.2.4 Behavioural economics & economic policy
0  cards
4.1.3.1 The determinants of the supply of goods & services
0  cards
4.1.3.2 Price, income & cross elasticity of demand
0  cards
4.1.3.3 The determinants of the supply of goods and services
0  cards
4.1.3.4 Price elasticity of supply
0  cards
4.1.3.5 The determination of equilibrium market prices
0  cards
4.1.8.1 How markets & prices allocate resources
0  cards
4.1.8.2 The meaning of market failure
0  cards
4.1.8.3 Public goods, private goods & quasi-public goods
0  cards
4.1.8.4 Positive & negative externalities in consumption & production
0  cards
4.1.8.5 Merit & demerit goods
0  cards
4.1.8.6 Market imperfections
0  cards
4.1.8.9 Government intervention in markets
1  cards
4.1.8.10 Government failure
0  cards

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A-Level Micro Economics (AQA)

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