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Sylvia Gurung
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Decks in this class (14)
Micro 2: Factors of Production and the PPF diagram
What are the factors of production,
Why do firms producers of goods a...,
What are factor payments
30
cards
Macro 1: Macroeconomics Indicators and Government Objectives
What is microeconomics,
Production and trade of goods or ...,
What are macroeconomic indicators
39
cards
Micro 1: What is Economics?
What is the fundamental economic ...,
When is economic activity taking ...,
What is opportunity cost
9
cards
Macro 2: Circular Flow of Income and GDP
What is an economic agent,
What are the three main economic ...,
What is the role objective aim an...
39
cards
Micro 3: Consumer behaviour, utility and the demand curve
What is utility maximisation,
What does it mean when economists...,
What is a market
29
cards
Macro 3: Determinants of AD and SRAS
What is aggregate demand,
What is aggregate supply,
What does the aggregate demand an...
52
cards
Micro 4: Productivity, A Firm's Costs and the Supply Curve
What is short run analysis,
What is long run analysis,
What does it mean if analysis is ...
38
cards
Micro 5: Price Equilibrium and the Market Mechanism
What are the most effective metho...,
What happens in the market if the...,
What is market equilibrium
49
cards
Macro 4: Balance of Payments and Trade
What are the three accounts on th...,
What does the bop record,
What are the 4 sections in the cu...
19
cards
Micro 6: Interrelationship Between Markets
What is joint demand and what are...,
What is competitive demand and wh...,
What is composite demand and what...
21
cards
Macro 5
What is lras influenced by,
What does the classical view beli...,
What does the classical view beli...
18
cards
Micro 7: Revenue, Profit and Efficiency
What is total revenue,
What is average revenue,
What is marginal revenue
8
cards
Macro 6: Short Run and Long Run Growth
What does short run analysis mean...,
What does short run growth mean,
How do we achieve long run growth
44
cards
Micro 8: Consumer and Producer Surplus and Allocative Efficiency
What is consumer surplus,
What is producer surplus,
What does the market price mechan...
10
cards
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Economics
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