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Unknown Unknown
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Decks in this class (12)
Exchange Rates
What is an exchange rate,
Which institution controls the ex...,
What are the 3 exchange rate systems
14
cards
Market Structures
What are the main 4 characteristi...,
Where is the profit maximising point,
How much market power does each f...
39
cards
Government Intervention
What are the 5 main reasons for g...,
What is the uk s market regulator...,
What is the maximum market share ...
19
cards
Elasticities
What is price elasticity of demand,
What is the formula for ped,
Which 5 classes of ped exist and ...
22
cards
Market Failure
What is market failure,
What are the 3 types of market fa...,
What is an externality
9
cards
Labour Markets
Who demands and supplies labour,
Which 4 factors influence the dem...,
Which 8 factors influence the sup...
11
cards
Costs, Revenues, & Profits
What is the formula for average r...,
What is marginal revenue,
What is the formula for marginal ...
20
cards
Business Objectives
What are the 4 business objectives,
Where is the profit maximising point,
Why might it be difficult for fir...
8
cards
Macroeconomic Objectives & Policy
What are the 7 macroeconomic obje...,
Which 2 categories are there over...,
What are the 2 monetary policy in...
6
cards
The Financial Sector
What are financial markets,
What are the 6 roles of the finan...,
What are the 4 main impacts of fi...
13
cards
Development
Which 4 indicators make up the hu...,
What are 2 advantages of using th...,
What are 3 disadvantages of using...
17
cards
Globalisation & Trade
What is globalisation,
What are the 3 main characteristi...,
What was the value of trade in 20...
39
cards
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Economics
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