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Onali Sirisena
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Decks in this class (16)
intro
Economy 1,
Economic agents 2,
Private sector 3
11
cards
scarcity
Scarcity 1,
3 basic economics questions 2,
Needs 3
5
cards
cost benefit analysis
What is cba 1,
Economists consider in cba 2,
Marginal thinking 3
5
cards
PPF
What is ppf 1,
What does it do 2,
What does it compare 3
11
cards
efficiency
Efficiency 1,
Characteristics of efficiency 2,
Productive technical efficiency 3
7
cards
three sector flow model
What are the two markets 1,
Types of flow 2,
Flow 1 3
9
cards
economic systems
4 economic systems 1,
Traditional economy 2,
Pure market economies 3
6
cards
living standards
Material standards 1,
What are living standards 2,
Non material standards 3
5
cards
consumer behaviours
Traditional viewpoint 1,
Consumer behaviour assumptions 2,
1 rationality self interest utili...
4
cards
government incentives
Incentives definition 1,
Features of incentives 2,
Disincentives 3
9
cards
profit maximisation
Traditional viewpoint of profit m...,
Profit income 2,
Where does profit go 3
13
cards
influencing businesses
Blank 1
1
cards
role of the gov
Australian macroeconomic goals 1,
Business cycle 2,
Economic stabilisation 3
10
cards
traditional gov viewpoint
What is the role of the gov 1,
3 goals of the gov 2,
Maximising material standards by 3
4
cards
economics term 3
Economic activity 1,
Measurement of economic activity 2,
Non economic activity 3
29
cards
eco t3 according to checklist
Macroeconomics 1,
Blank 2,
Define economic activity 3
12
cards
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economics
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