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Economic

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

By: Michael Williams
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Decks in this class (19)

Fiscal Policies
What happens in a expansionary fi...,
What happens in contractionary fi...,
What is fiscal policies
10  cards
Macroeconomic objectives
What is economic growth,
What is balance of payments,
Fair distribution of wealth and i...
8  cards
Monetary Policies
What are monetary policies,
What happens to aggregate demand ...,
What are the main objectives for ...
6  cards
Aggregate Demand/Supply (AD/AS)
Aggregate demand formulae,
Name the injections in the circul...,
Name the leakages in the circular...
8  cards
Micro-economics exam techniques
Economic problem arguments points,
Opportunity cost arguments,
Behavioural economics
3  cards
Choice Architecture
What is choice architecture,
What is framing,
What are nudges
5  cards
Competitive Market
0  cards
Behavioural Economics
Traditional economic theory chara...,
What is rational decision making,
What are economic incentives
7  cards
Imperfect Infomation
What is meant by the term imperfe...,
What is meant by the term symmetr...
2  cards
Biases In Decision Making
0  cards
Oligopoly
What is an oligopoly,
What diagram will be drawn,
What is price leadership
6  cards
Competition Policies
What is competition policies,
What are the principles of compet...
2  cards
Privatisation & Deregulation
Public ownership,
Advantages of public ownership,
Disadvantages of public ownership
9  cards
Price Discrimination
What is price discrimination,
First degree,
Second degree
12  cards
Monopoly
What is a monopoly,
What is a pure monopoly,
Characteristics of a monopoly
7  cards
Market Failure
What are the causes of market fai...,
Why do public goods lead to marke...,
Why do externalities lead to mark...
9  cards
Government Failure
Political self interest,
Policy short sightedness,
Regulatory capture
4  cards
Elasticity
What does psnc stand for cross price
1  cards
Globalisation
Globalisation,
Interdependent,
Define interconnected
3  cards

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Economic

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