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Lukas Ehrlich
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Decks in this class (27)
Macro Economics 1
Absolute advantage 1,
Comparative advantage 2,
Private sector 3
20
cards
Macro Economics 2
3 goals of every economy 1,
Gross domestic product 2,
Gdp per capita 3
28
cards
Macro Economics 3
Aggregate demand 1,
What does gdp consist of 2,
Recessionary gap 3
13
cards
Macro Economics 4
Name three functions of money 1,
Expansionary monetary policies 2,
Contractionary monetary policies 3
8
cards
Macro Economics 5
Balance of payments bop 1,
Balance of trade 2,
Current account 3
9
cards
Micro Economics 1
Substitues 1,
Complements 2,
Normal goods 3
16
cards
Micro Economics 3
Fixed costs 1,
Variable costs 2,
Fixed resources 3
12
cards
Micro Economics 4
Four market structures 1,
Characteristics of a monopoly 2,
Marginal rev curve in a monopolis...
15
cards
As Revision Guide
Positive statement 1,
Normative statement 2,
Allocative efficient 3
21
cards
Current Topics
Foreign direct investment fdi 1,
Banking flows 2,
Portfolio investment 3
23
cards
Definitions
Interest rates 1,
Three types of inflation 2,
Inflation 3
32
cards
TRADE BROWN
Gains from trade 1,
Static gains from trade 2,
Dynamic gains 3
9
cards
AS/AD
Aggregate supply 1,
Short run aggregate supply 2,
Long run aggregate supply 3
17
cards
Inflation
Def inflation 1,
Creeping inflation 2,
Hyperinflation 3
23
cards
Labour Market REv
Definition labour demand curve 1,
What kind of demand is labour 2,
Mrp definition 3
17
cards
Gender Pay Gap Essay
What is the gender pay gap 1,
How the gender pay gap has evolve...,
Significance of uk gender pay gap...
4
cards
10.2 Trade NEW
Absolute advantage 1,
Specialisation with an absolute a...,
Comparative advantage 3
6
cards
Labour Market 15th March
Define labour supply 1,
Factors that affect the labour su...,
Approximate net inward migration ...
27
cards
Monopolistic Competition 19th March
6 key characteristics of monopoli...,
Definition of monopolistic compet...,
Inefficiencies in monopolistic co...
8
cards
Baubles and Tinsel
Real gdp growth 1,
Unemployment rate 2,
Youth unemployment 3
28
cards
Contestable markets
What is a contestable market 1,
Characteristics of a contestable ...,
Key aspect of a contestable market 3
10
cards
Price discrimination
What is price discrimination also...,
How many kinds of dynamic pricing...,
1st degree 3
11
cards
NATURAL MONOPOLY
Which costs are very high in a na...,
Introducing competition into a na...,
Efficiencies in a natural monopoly 3
5
cards
Oligopoly
Define oligopoly 1,
Define interdependence 2,
What is caused by rigid prices 3
11
cards
Economic efficiencies and market structures
Allocative efficiency in a contes...,
Productive efficiency in a contes...,
Dynamic efficiency in a contestab...
9
cards
Micro Baubles and Tincel
Estimated costs to society from d...,
Estimated costs to society from o...,
Plastic packaging tax 3
11
cards
Privatisation
Define privatisation 1,
How does privatisation potentiall...,
Policies alongside privatisation 3
6
cards
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***ECON
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