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Adnan Jenkinson
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Decks in this class (21)
1.1 Nature If Economics
What is ceteris paribus,
Why do economists develop models ...,
What is a positive statement
39
cards
1.2 How markets work
Underlying assumptions of rationa...,
What is demand,
What happens for a movement along...
52
cards
1.3 Market Failure
When does market failure occur,
What are the three types of marke...,
What is an externality
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,
How is economic growth measured,
What is gross domestic product
62
cards
2.2 Aggregate Demand
What is aggregate demand,
What are the components of ad,
What is consumption
47
cards
2.3 aggregate supply
What is aggregate supply and what...,
Why is the as curve upwards sloping,
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,
How does land effect economic growth,
How does the size of the workforc...
31
cards
2.6 Macroeconomic Objectives And Policies
What are the four key macroeconom...,
Other macroeconomic objectives,
Why are demand side policies used
20
cards
3.1 Business Growth
Why do firms grow,
Benefits a firm gets from growing...,
Why do some businesses remain small
31
cards
3.2 Business Objectives
Who controls firms motives,
What is profit maximising,
Example of firms that are likely ...
14
cards
3.3 Revenue, Costs And Profits
What is revenue,
What is total revenue,
What is average revenue
38
cards
3.4 Market Structures
What is efficiency,
Allocative efficiency,
Productive efficiency
67
cards
3.5 Labour Markets
What does the demand curve for la...,
What is the marginal revenue product,
What does the law of diminishing ...
14
cards
3.6 government intervention
0
cards
4.1 interntional economics
0
cards
4.2 poverty and inequality
0
cards
4.3 emerging and developing economies
0
cards
4.4 the financial sector
1
cards
4.5 role of the state in the macroeonomy
0
cards
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Economics
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