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roshan muppalla
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Decks in this class (19)
globalisation 4.1
Define globalisation,
Causes of globalisation,
Pros of globalisation
10
cards
specialisation and trade 4.1
Define specialisation,
Specialisation requires trade to ...,
Monetary payments between
9
cards
Measures of development 4.3.1
Single indicators,
Composite indicators,
Pros of hdi
4
cards
Factors influencing development 4.3.2
Terms of trade,
Factors influencing development p...,
Factors influencing development p...
12
cards
Strategies influencing growth and development 4.3.3
Strategies influencing growth and...,
Strategies influencing growth and...,
The lewis model industrialisation...
26
cards
Public expenditure 4.5.1
Current government expenditure,
Capital government expenditure,
Transfer payments
10
cards
Taxation 4.5.2
Progressive taxation,
Proportional taxation,
Regressive taxation
12
cards
public sector finances
Government borrowing,
National debt,
Cyclical budget deficit
24
cards
Law of comparative advantage 4.1
Absolute advantage,
Comparative advantage,
Comp adv def
9
cards
pattern of trade 4.1
What is the geographical pattern ...,
The gravity theory of trade,
Summary of factors behind the gra...
35
cards
protectionism 4.1
What are the main reasons for pro...,
What is dumping,
Examples of dumping
15
cards
balance of payments 4.1
E current account of a nation s b...,
Trade balance in goods x m,
Trade balance in services x m
27
cards
exchange rate 4.1
A free floating currency,
A managed floating currency,
A fixed exchange rate system eg a...
34
cards
international competitiveness 4.1
What is competitiveness,
What is the core measure of compe...,
Price or cost competitiveness
28
cards
poverty and inequality 4.2
Absolute extreme poverty,
Relative poverty,
Main causes of absolute extreme p...
17
cards
measures of development 4.3.1
Economic growth,
Economic development,
Hdi scale
3
cards
Role of Financial Markets 4.4.1
441 role of financial markets,
The money market,
Capital market
19
cards
Market Failure in the Financial Sector 4.4.2
Asymmetric information in practice,
Moral hazard,
With moral hazard
10
cards
Role of Central Banks 4.4.3
Role of central banks,
Examples of central banks,
What are the main functions of a ...
16
cards
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ECON MACRO
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