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Decks in this class (11)
Unit 1-Basic economic ideas and resource allocation
What is economics 1,
Why is economics a social science 2,
What are theories models 3
49
cards
Unit 2 - The price mechanism and the microeconomy
Market 1,
Product market 2,
Labour market 3
120
cards
Unit 3 - Government Microeconomic Intervention
Define market failure 1,
Free joy rider problem 2,
Why is intervention needed for pu...
28
cards
Unit 4 - The Macroeconomy
How is the level of activity in t...,
Aggregate demand 2,
Aggregate demand and what does ea...
93
cards
Unit 5 - Government Macroeconomic Intervention
Fiscal policy 1,
Government budget 2,
What is a government deficit and ...
22
cards
Unit 6 - International Trade
State types of international trade 1,
Give reasons for trade 2,
Define absolute advantage 3
55
cards
Unit 7 - The price system and the microeconomy (A Level)
Productive efficiency 1,
What are the different ways of il...,
Explain the average cost curve 3
129
cards
Unit 8 - Government microeconomic intervention (A level)
What are the sources of market fa...,
What interventions are used to so...,
Specific taxes 3
52
cards
Unit 9 - The macroeconomy (A Level)
Consumption 1,
Consumption and national income 2,
What is shown by the consumption ...
84
cards
Unit 10 - Government Macroeconomic Intervention
What are the aims of macroeconomi...,
What is fiscal policy 2,
What are the different types of b...
15
cards
Unit 11 - International Economic Issues
What is a fixed pegged exchange r...,
Methods of measuring exchange rate 2,
Real exchange rate 3
44
cards
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Economics 9708
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