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Decks in this class (21)
1.1 Nature of Economics
What is ceteris paribus 1,
Why do economists develop models ...,
What is a positive statement 3
39
cards
1.2 How markets work
Underlying assumptions of rationa...,
What is demand 2,
What happens for a movement along...
52
cards
1.3 Market Failure
When does market failure occur 1,
What are the three types of marke...,
What is an externality 3
29
cards
1.4 Government Intervention
What can the government do to pre...,
Advantages of indirect taxation t...,
Disadvantages of indirect taxatio...
33
cards
2.1 Measures Of Economic Performance
What is economics growth 1,
How is economic growth measured 2,
What is gross domestic product for 3
62
cards
2.2 Aggregate Demand
What is aggregate demand 1,
What are the components of ad 2,
What is consumption ad 3
47
cards
2.3 aggregate supply
What is aggregate supply and what...,
Why is the as curve upwards slopi...,
What will lead to a movement alon...
21
cards
2.4 National Income
Explain the circular flow of inco...,
In a more complex circular flow o...,
In a more complex circular flow o...
29
cards
2.5 Economic Growth
How does economic growth occur 1,
How does land effect economic gro...,
How does the size of the workforc...
31
cards
2.6 Macroeconomic Objectives And Policies
What are the four key macroeconom...,
Other macroeconomic objectives 2,
Why are demand side policies used 3
38
cards
3.1 Business Growth
Why do firms grow 1,
Benefits a firm gets from growing...,
Why do some businesses remain sma...
31
cards
3.2 Business Objectives
Who controls firms motives 1,
What is profit maximising 2,
Example of firms that are likely ...
14
cards
3.3 Revenue, Costs And Profits
What is revenue 1,
What is total revenue 2,
What is average revenue 3
38
cards
3.4 Market Structures
What is efficiency 1,
Allocative efficiency 2,
Productive efficiency 3
67
cards
3.5 Labour Markets
What does the demand curve for la...,
What is the marginal revenue prod...,
What does the law of diminishing ...
14
cards
3.6 government intervention
What does the cma do 1,
When will a merger be investigated 2,
What s the aim of preventing two ...
34
cards
4.1 interntional economics
What is globalisation 1,
Another definition for globalisat...,
What are there movements towards ...
78
cards
4.2 poverty and inequality
What is absolute poverty 1,
World bank dollars quota threshol...,
How is economic development linke...
21
cards
4.3 emerging and developing economies
What is econmic development about 1,
What is a developed country 2,
What is a developing country 3
46
cards
4.4 the financial sector
What are financial markets 1,
Why do financial markets exist 2,
Different types of financial mark...
17
cards
4.5 role of the state in the macroeonomy
Why does the government spend mon...,
What is capital government expend...,
What is general government final ...
39
cards
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