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Oliver Stickley
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Decks in this class (15)
4.1.1 Economic methodology and the economic problem
What is the significance of econo...,
What is a positive statement,
What is a normative statement
21
cards
4.1.2 Individual Economic Decison Making
What is utility theory,
What is marginal utility,
What is the law of diminishing ut...
8
cards
4.1.3 Price Determination
What is a market,
What is demand,
What are the determinants demand
49
cards
4.1.4 Production Costs And Revenues
What is the process of production,
What are the inputs in production,
What is productivity
68
cards
4.1.5 Perfect competition, imperfectly competitive markets and monopoly
What do we assume is the normal k...,
At what quantity is profit maximised,
How is snp calculated on a monopo...
90
cards
4.1.6 The labour market
0
cards
4.1.7 The distribution of income and wealth: poverty and inequality
What is income,
What is wealth,
What is the difference between in...
21
cards
4.1.8 The market mechanism, market failure and government intervention in markets
What is the purpose of price mech...,
What functions does price mechani...,
How does the rationing mechanism ...
56
cards
4.2.1 The measurement of macroeconomic performance
What are the main objectives of g...,
What can happen at least in the s...,
What is short run growth also kno...
30
cards
4.2.2 Macroeconomic Theory
What does national income measure,
What is the difference between no...,
What is real national income an i...
73
cards
4.2.3 Economic Performance
What is the difference between sh...,
What is the potential output of a...,
What is economic growth
92
cards
4.2.4 Financial markets and monetary policy
What are the characteristics and ...,
What is a double coincidence of w...
2
cards
4.2.4.3 Central Banks & Monetary Policy
What are the main functions of a ...,
What is monetary policy,
What are the current objectives o...
16
cards
4.2.5 Fiscal policy and supply-side policies
What is fiscal policy,
What is the aim of fiscal policy,
What does the uk government spend...
29
cards
4.2.6 The International Economy
What is globalisation,
What are the characteristics of g...,
What is interdependence
86
cards
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Economics
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