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Victoria Ntuali
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Decks in this class (37)
Theme 1.1
Identify the functions of money 1...,
Define ceteris paribus 111 2,
Define rare 111 3
9
cards
Theme 2
Explain the term real gdp 211 1,
Explain two likely causes of infl...,
Name the strengths of contraction...
110
cards
Theme 4.1.1
Define globalisation 1,
Name factors contributing to glob...,
Give the positive impacts of glob...
14
cards
Theme 4.4.1
Define the term financial market 1,
Describe the primary role of fina...,
Name the 5 roles of financial mar...
16
cards
Theme 4.4.2
Define market failure 1,
Define asymmetric information 2,
Define adverse selection 3
10
cards
Theme 4.4.3
Describe central banks 1,
Name the 4 roles of central banks 2,
Implementation of monetary policy 3
8
cards
Theme 4.1.2
Define international trade 1,
Describe the concept of absolute ...,
Describe the concept of comparati...
7
cards
Theme 4.1.3
Patterns of trade 1
1
cards
Theme 4.1.4
Define terms of trade 1,
Terms of trade 2,
Factors influencing a country s t...
4
cards
Theme 1.3
Give ways the government can tack...,
Give examples of information gaps...,
Give examples of asymmetric infor...
4
cards
Theme 1.2
Name the factors affecting supply...,
Name the factors influencing pes ...,
Give the advantages of subsidies ...
66
cards
Theme 1.4
Where is the minimum prices set i...,
Give the reason for govs to impos...,
Give the evaluation points for se...
57
cards
Theme 1 Key Terms
Scarcity 1,
Opportunity cost 2,
Production possibility frontier p...
20
cards
Theme 3.1.1
Why do some firms remain small 1,
What are the characteristics of o...,
Why do some firms grow 3
28
cards
Theme 3.1.2
Define organic growth 1,
How does organic growth happen wi...,
Give an example of organic growth...
40
cards
Theme 3.1.3
Explain the effects of a demerger...,
Explain the effects of demerger o...,
Define demerger 3
6
cards
Theme 3.2.1
What is the sales maximising cond...,
What is the profit maximising con...,
What is the revenue maximising co...
32
cards
Theme 3.6.1
Describe the 3 ways to reduce mon...,
Who enacts competition policy in ...,
What are the 4 roles of the cma 3
48
cards
Theme 3.6.1 Part 2
Define deregulation 1,
Explain the advantages of deregul...,
Explain the disadvantages of dere...
23
cards
Theme 3.4.6
Define monopsony 1,
Ao2 cuts to junior doctor pay nhs 2,
Give another example of a monopso...
12
cards
Theme 3.6.2
Give the impact of government int...,
Give the impact of government int...,
Give the impact of government int...
8
cards
Theme 1.1.5
Identify the functions of money 1,
Describe the function of money a ...,
Describe the function of money a ...
22
cards
Theme 1.2.10
What are the reason why consumers...,
Explain habitual behaviour 2,
Explain computational weakness 3
7
cards
Theme 1.3
Define merit goods 1,
Define demerit goods 2,
Define negative externalities in ...
44
cards
AO2
Benefit cuts 1
1
cards
Theme 1.1.6
Describe free market 1,
Describe adam smith s correlation...,
Describe a command economy 3
16
cards
Theme 1.2.8
Define consumer surplus 1,
Define producer surplus 2,
Where is the consumer surplus loc...
12
cards
Theme 3.4.5
Define pure monopoly 1,
Define a legal monopoly monopoly ...,
Give the characteristics of monop...
21
cards
Theme 3.3.3
Define internal economies of scale 1,
Define external economies of scale 2,
Describe diseconomies of scale 3
27
cards
Theme 3.3.4
When is supernormal profit made 1,
When is normal profit made 2,
When is a loss made 3
11
cards
Theme 3.4.7
What are the main barriers to ent...,
Describe the following barrier to...,
Ao2 legal barriers 3
22
cards
Theme 3.3.1
Formula for total revenue 1,
Formula for average revenue 2,
Formula for marginal revenue 3
6
cards
Theme 2.6.3
Define supply side policies 1,
Describe interactionist policies 2
2
cards
Theme 3.4.4
Why are the fizzy drinks in a cor...,
What are the sunk costs experienc...,
Define overt collusion 3
5
cards
Theme 3.3.2
Total cost 1,
Total fixed costs 2,
Total variable costs 3
22
cards
Theme 3.5
Describe demand for labour 1,
Define marginal physical product 2,
Describe why initially as the mpp...
57
cards
Theme 1.2.9
Define specific tax 1,
Why is consumer burden bigger tha...,
When demand is more elastic than ...
9
cards
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Economics
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