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By:
Amy Taylor
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Decks in this class (24)
Introduction
Define economics 1,
Define opportunity cost 2,
Define externalities 3
9
cards
Demand
Define the law of demand 1
1
cards
Supply
Define the law of supply 1
1
cards
Black economy
Define the black economy 1
1
cards
Price discrimination
Define price discrimination 1
1
cards
Equilibrium
Define market equilibrium 1
1
cards
Utility
Define utility 1,
Define marginal utility 2,
Define the law of diminishing mar...
5
cards
Factors of production
Define specific fop 1,
Define non specific factors 2,
Define factors of production 3
7
cards
Enterprise
Define rent of ability 1,
Define insurable risks 2,
Define non insurable risks 3
4
cards
Taxation
Define direct taxation 1,
Define indirect taxation 2,
Define tax harmonisation 3
13
cards
Economic growth and development
Define economic growth 1,
Define economic development 2
2
cards
Population
Define world population 1,
Define overpopulation 2,
Define optimum population 3
11
cards
The role of government
Define nationalisation 1,
Define privatisation 2,
Define full employment 3
3
cards
Elasticity
Define price elasticity of demand 1,
Define income elasticity of demand 2,
Define cross elasticity of demand 3
5
cards
National income
Define gdp 1,
Define gnp 2,
Define national income 3
3
cards
Fiscal policy
Define national debt 1,
Define semi state bodies 2,
Define privatisation 3
5
cards
International trade
Define balance of trade 1,
Define the loaa 2,
Define loca 3
6
cards
Banking
Define near money 1,
Define legal tender 2,
Define token money 3
9
cards
Land
Define renewable resources 1,
Define non renewable resources 2,
Define land 3
3
cards
Capital
Define mec 1,
Define fixed capital 2,
Define social capital 3
11
cards
Imperfect competition
Define non price competition 1,
Define price competition 2
2
cards
Monopoly
Define deregulation 1
1
cards
Oligopoly
Define collusion 1,
Define price rigidity 2,
Define constant prices 3
11
cards
Oligopoly
Define collusion 1,
Define price rigidity 2,
Define constant prices 3
11
cards
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ECONOMICS
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