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Econ SL

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

By: Aiden Dawes
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Decks in this class (18)

Econ Vocab test
Economics 1,
Positive statements 2,
Normative statements 3
26  cards
Case Studies
0  cards
Demand and Supply
What is demand 1,
Law of demand 2,
Market demand vs individual demand 3
34  cards
Price Elasticity
What is price elasticity for dema...,
What is the formula for ped 2,
Ped 1 3
43  cards
Equilibrium and Price Mechanism
What is an equilibrium 1,
What does excess supply look like 2,
What does excess demand look like 3
21  cards
Externalities
Market failure definition 1,
Marginal private costs mpc defini...,
Marginal private benefits mpb def...
16  cards
Government Intervention
Specific taxes graph 1,
Ad valorem taxes graph 2,
Calculate government revenue from...
11  cards
Microeconomics Vocab
Actual growth 1,
Allocative inefficiency 2,
Allocative inefficiency 3
78  cards
Microeconomics Case studies
0  cards
Government Intervention Case studies
Direct provision 1,
Purgovian tax 2,
Subsidy 3
9  cards
Exam case studies
Example for elastic ped 1,
Example for inelastic ped 2,
Income elastic good 3
18  cards
Macro Economics Vocab
Actual growth 1,
Aggregate demand ad 2,
Aggregate demand curve 3
96  cards
Macro Economics Flashcards
Draw circular flow of income 1,
What is the gdp 2,
What is the gnp gni 3
88  cards
Case study flashcards
India interventionist supply side...,
Australia market based supply sid...,
China consequences of economic gr...
16  cards
Test
0  cards
International Economics
7 advantages of free trade pcsaacf 1,
What is the world trade organisat...,
Functions of the wto 3
28  cards
Vocab Quiz 2
Economics 1,
Microeconomics 2,
Macroeconomics 3
30  cards
Vocab Quiz Elasticity
Ped 1,
Elastic demand 2,
Pes 3
14  cards

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Econ SL

  • Class purpose General learning

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