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Decks in this class (26)
Economic Growth
Gdp 1,
Actual economic growth 2,
Potential economic growth trend g...
18
cards
Microeconomics 1.1
Factor incomes 1,
Consumer goods 2,
Productive potential 3
24
cards
AS Microeconomics
Opportunity cost 1,
Factors of production 2,
Ceteris paribus 3
104
cards
AS Macroeconomics
Why are purchasing power parities...,
Real gdp 2,
Gross national income 3
67
cards
Theme 1 25 Markers
Evaluate whether imposing a maxim...,
Tradable permits are less effecti...,
Evaluate the extent to which publ...
5
cards
Macro
Aggregate demand 1,
Real income effect on ad causing ...,
International effect on ad causin...
27
cards
3.1
Why may a business want to pursue...,
Demerger 2,
Diseconomies of scale 3
4
cards
A2 Macroeconomics
Benefits of increased economic in...,
Drawbacks of increased economic i...,
Benefits to a membership of a fre...
20
cards
A2 Microeconomics
Reasons for a firm to want to sta...,
Horizontal integration 2,
Vertical integration 3
29
cards
v113
Demand 1,
What can cause a shift in demand 2,
Supply 3
80
cards
v113 ma
Current account surplus 1,
Net trade 2,
Current account deficit 3
55
cards
Normative and Positive Statements (1.1.2)
Positive statement 1,
Normative statement 2,
Difference between positive norma...
3
cards
PPF and Opportunity Cost (1.1.3 & 1.1.4)
Opportunity cost 1,
What are characteristics of an ec...,
Production possibility frontier 3
13
cards
Specialisation (1.1.5)
Benefits to division of labour 1,
Division of labour 2,
Functions of money 3
6
cards
Types of Economies (1.1.6)
Free market economy 1,
How are resources allocated in fr...,
Mixed economy 3
10
cards
Rational & Irrational Behaviour (1.2.1 & 1.2.10)
Consumers aim in economic decisio...,
Firms aim in economic decision ma...,
Governments aim in economic decis...
5
cards
Demand and Supply (1.2.2 & 1.2.4)
0
cards
Elasticities (1.2.3 & 1.2.5)
0
cards
Consumer and Producer Surplus (1.2.8)
0
cards
Market Failure (1.3)
0
cards
Externalities (1.3.2)
0
cards
Subsidies (1.4.1)
0
cards
Indirect Tax (1.4.1)
0
cards
Government Intervention in Markets (1.4.1)
0
cards
Tradable Pollution Permits (1.4.1)
0
cards
Government Failure (1.4.2)
0
cards
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Economics
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