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