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Tom Berenyi
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Decks in this class (16)
Economic growth- unit 2
What are the government objectives,
What is gdp,
What is gdp per capita
19
cards
Unemployment - Unit 2
What is unemployment,
What are two methods of calculati...,
How does a claimant count work
20
cards
Inflation - Unit 2
What is inflation,
What is hyper inflation,
How is inflation calculated
14
cards
Externalities - unit 2
External costs are,
What are private costs,
What are social costs
8
cards
Government Income and Expenditure - unit 2
What are 3 main areas of governme...,
What are 3 sources of the governm...,
Define direct tax
12
cards
Government Policies -unit 2
Fiscal policy,
Budget surplus,
Budget deficit
11
cards
Introduction of Economics - Unit 1
What is the basic economic problem,
What always results with an oppor...,
Give 3 examples of maximising beh...
24
cards
Markets - Unit 1
What is the structure of a demand...,
What is the only factor that caus...,
What is an increase in quantity d...
16
cards
Price Elasticity of Demand - Unit 1
What is price elasticity of demand,
Ped formula,
Give seven factors affecting ped
13
cards
Price Elasticity of supply - Unit 1
What does pes do,
How do you measure pes,
If pes is more than 1 what is it
6
cards
Specialisation - Unit 1
What is specialisation,
What is division of labour,
6 advantages of specialisation
4
cards
Business behaviour and Markets - Unit 1
What is the private sector,
What is a social enterprise,
What is the public sector
20
cards
Business behaviour - Growth; - Unit 1
What is the product market,
7 benefits of a product market,
7 limitations of a product market
23
cards
Business Performance - Unit 1
4 how can business performance be...,
Who are stakeholders,
What is competition
12
cards
Labour Markets - Unit 1
Where does labour demand arise from,
What is derived demand,
Demand for labour will arise if
15
cards
Minimum wage - Unit 1
5 why may regional wage differenc...,
On the graph for a rise in the mi...,
4 advantages to the minimum wage
5
cards
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Economics
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