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Decks in this class (25)
ethical issues 3.4.2
Examples of ethical issues 1,
Definition of ethics 2
2
cards
controlling MNCs 3.4.3
How are mncs influenced by politi...,
Why do governments encourage stat...,
What is a negative of state owned...
12
cards
poverty and inequality 3.6.1
What are the two types of poverty...,
What is poverty 1,
What are the causes of poverty 2
8
cards
making markets work
Types of market failure 1,
Negative of public goods 2,
Positive of public goods 3
11
cards
role of an entrepreneur 1.2.1
What is an entrepreneur 1,
What qualities do entrepreneurs h...,
What is creative destruction 3
6
cards
factors of production 1.2.3
What are factors of production 1,
What are the 4 factors of product...,
What is land as a factor of produ...
6
cards
Reducing Poverty 3.6.2
What is economic development 1,
What is economic growth 2,
What factors follow economic deve...
9
cards
the impact of inequality on economic agents 3.6.3
What is income inequality 1,
What is wealth inequality 2,
What does and individuals ability...
7
cards
Re-distribution of income and wealth 3.6.4
Blank 1
1
cards
specialisation 1.2.4
What is specialisation 1,
W0eefihjqrf3oiq 2,
Blank 3
3
cards
Re-distribution of income and wealth 3.6.4
How is income measured 1,
How is wealth measured 2,
What factors effect the differenc...
20
cards
Spectrum of competition 4.1.1
What is market structure 1,
How to calculate market share 2,
What is perfect competition 3
14
cards
ad/as models
What is decreasing the lras model 1,
What is the classical view of lras 2,
What is kaynesian view of lras 3
5
cards
Demand side policies 4.4.2
What is monetary policy 1,
What is fiscal policy 2,
What do monetary policies control 3
4
cards
Barriers to entry 4.1.2
What happens when original firms ...,
Why is product differentiation a ...,
Why is branding a barrier to entry 3
8
cards
Oligopoly 4.1.3
Characteristics of oligopolies 1,
What is the concentration ratio 2,
Why does interdependence create u...
11
cards
supply side policies 4.4.3
What are supply side policies 1,
What two categories can supply si...,
What are the key aims of supply s...
8
cards
business objectives and pricing decisions 4.1.4
How is total cost calculated 1,
What is marginal cost 2,
How to calculate average cost 3
11
cards
Productive and allocative efficiency 4.1.5
What is allocative efficiency 1,
What is productive efficiency 2,
What is economic efficiency 3
6
cards
Business Regulation 4.2.2
What does competition policy seek...,
How does the competition policy a...,
What are the benfits of competiti...
9
cards
4.2.2
0
cards
arguments for and against regulation 4.2.3
What is regulation 1,
Benefits of regulation 2,
What are the drawbacks of regulat...
5
cards
Risk and Uncertainty 4.5.1
What are characteristics of risk 1,
What are characteristics of uncer...,
What is a supply side shock 3
6
cards
4.5.2 role of financial sector
What is a financial market 1,
What is the financial conduct aut...,
What are the 3 core functions of ...
13
cards
the role of the central bank 4.5.3
What is the base rate 1,
What do the monetary policy commi...,
What are the main functions of a ...
17
cards
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