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caitlin challis
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Decks in this class (17)
Macro Definitions
Gdp,
Economic growth,
Nominal economic growth
6
cards
Theme 1 Key Definitions
Model,
Ceteris paribus,
Positive statement
21
cards
Micro Definitions
Opportunity cost,
A model,
Ceteris paribus
5
cards
Measures of economic performance
What does aggregate mean,
What is meant by macroeconomics,
How do we judge whether an econom...
15
cards
How Markets Work
What is the main objective of con...,
What is the main objective of pro...,
What is meant by effective demand
37
cards
National income and Economic growth
What is meant by the circular flo...,
Injections into the circular flow...,
Withdrawals from the circular flo...
5
cards
1.1 The Nature of Economics
What is meant by a model in econo...,
What does ceteris paribus mean,
How does economics differ from a ...
36
cards
1.2 How Markets Work
What is the main objective of con...,
What is the main objective of pro...,
What is the main objective of gov...
23
cards
4.1 Globalisation
Define globalisation,
Give three examples of global com...,
Identify three characteristics of...
44
cards
Costs, Revenue, Profit and Market Structures
Define normal profit,
Define opportunity cost,
Define supernormal profit with wo...
55
cards
Theme 2 definitions
Actual growth,
Aggregate demand ad,
Aggregate supply as
94
cards
International Economics
Define tariff,
Define quota,
Define non tariff barrier
8
cards
Emerging And Developing Economies
What is meant by a primary produc...,
How can this act as a constraint ...,
Why do prices of primary products...
50
cards
Market structures, efficiency and contestability
What is meant by a 3 firm concent...,
What does it mean if a market has...,
Give three examples of markets wi...
37
cards
The Labour Market 3.5
Define derived demand,
Define the marginal physical prod...,
What is the law of diminishing re...
31
cards
Government Intervention, Growth And Objectives
0
cards
1.1-1.4 Edited Exam
What is meant by a model in econo...,
What does ceteris paribus mean,
Give an example of when you would...
31
cards
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Economics
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