Brainscape's Knowledge GenomeTM

Browse over 1 million classes created by top students, professors, publishers, and experts.


See full index

econ topics 1 & 2

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

By: Sofia Lister
Start Studying

Decks in this class (11)

1.1 nature of economics key words
Meaning of ceteris paribus what i...,
Three main economic agents,
What are social sciences
36  cards
1.2 how markets work
Rational decision making,
Ped equation,
Ped 1
21  cards
1.3 market failure key words
What is market failure,
Define complete market failure,
Define partial market failure
14  cards
1.4 government intervention
What is an ad valorem tax,
Top 3 moves of govt intervention,
How can indirect taxation reduce ...
12  cards
2.1 measuring economic performance
Define inflation,
Define recession,
Define macroeconomics
22  cards
2.2 aggregate demand
What is the shape of your bodstan...,
Define aggregate demand,
4 components of aggregate demand
12  cards
2.3 aggregate supply
Whats the direction of a sras dia...,
What is a rise in price level on ...,
What is a fall in price level on ...
14  cards
2.4 national income
Define the circular flow of income,
Define income,
Define wealth
14  cards
2.5 economic growth
Short run cause for economic growth,
Short run cause for increase in sras,
Long run reason for economic growth
20  cards
2.6 macroeconomic policies & objectives
Name macroeconomic objectives els...,
Key benefits of economic growth a...,
Key benefits of unemployment as a...
22  cards
wo
Quantitative easing,
Contractionary monetary policy,
Price level
10  cards

More about
econ topics 1 & 2

  • Class purpose General learning

Learn faster with Brainscape on your web, iPhone, or Android device. Study Sofia Lister's econ topics 1 & 2 flashcards now!

How studying works.

Brainscape's adaptive web mobile flashcards system will drill you on your weaknesses, using a pattern guaranteed to help you learn more in less time.

Learn more about spaced repetition

Add your own flashcards.

Either request "Edit" access from the author, or make a copy of the class to edit as your own. And you can always create a totally new class of your own too!

What's Brainscape anyway?

Brainscape is a digital flashcards platform where you can find, create, share, and study any subject on the planet.

We use an adaptive study algorithm that is proven to help you learn faster and remember longer....

Looking for something else?

A-level Econ Theme 1
  • 21 decks
  • 329 flashcards
  • 4 learners
Decks: Ch1 Economics As A Social Science, Ch2 Economic Data, Ch3 The Economic Problem, And more!
NSG 316 TOPIC 1-5
  • 13 decks
  • 1057 flashcards
  • 1 learners
Decks: Nsg 316 Topic 1, Topic 2, Topic 3, And more!
Econ Higher
  • 23 decks
  • 1205 flashcards
  • 22 learners
Decks: What Is Economics, Limited Resources Unlimited Wants, The Price System And Economic Problem, And more!
ECON EXAM 1
  • 7 decks
  • 125 flashcards
  • 2 learners
Decks: Principals Of Economy, Models Circular Flow Ppf, Supply And Demand, And more!
Find Flashcards
Make Flashcards
Brainscape helps you reach your goals faster, through stronger study habits.
© 2024 Bold Learning Solutions. Terms and Conditions