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Myers Kiyimba
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Decks in this class (17)
basic ecomomic problem
What is the basic economic problem,
Name three economic agents,
What is a free market and some ch...
10
cards
Allocation of resources
What is a planned economy and wha...,
What are the advantages and disad...,
What is the definition of market ...
7
cards
Demand
What is supply and demand,
What is a market,
What is a sub market
16
cards
opportunity cost
Define opportunity cost,
What does trade off mean,
What does short run mean what doe...
10
cards
specialisation and trade
What is specialisation,
What is division of labour,
What are the advantages of specia...
7
cards
Supply
What is supply,
What are factors that influence s...,
What is joint supply
8
cards
Elasticity
What is price elasticity demand ped,
What is the formula for price ela...,
What is a price elastic good what...
14
cards
Market failure & government intervention
What is market failure,
Why will there always be market f...,
What is government intervention
15
cards
Circular flow of income
What is the circular flow of income,
What are injections what are leak...,
What are factors that influence e...
14
cards
Aggregate demand
What is aggregate demand,
What is the formula for aggregeat...,
What are factors that affect expo...
9
cards
Globalisation
What is globalisation,
What are the causes of gloablisatoin,
What are the advantages and disad...
11
cards
International Trade
What is international trade,
What is intra regional trade,
What is free trade
9
cards
Objectives of a business
What is profit maximisation,
What is the principle economic ag...,
What is profit satisficing
9
cards
costs,economies of scale
Economies of scale,
Internal economies of scale,
What are external
7
cards
Fiscal ,Monetary,Supply side policy
What is monetary policy,
Wh,
What is fiscal policy
8
cards
Theme 3 notes
What is short run what is long run,
What is money illusion,
What is a faeture of a public good
10
cards
Financial sector
What is the role o the boe,
What is the imf and the world bank,
What is systematic risk
9
cards
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economics
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