Economics A-level

This class was created by Brainscape user Muna Okorie. Visit their profile to learn more about the creator.

Decks in this class (15)

4.1.1 Economic Methodology And The Economic Problem
What are features of a positive s...,
What are features of a normative ...,
What are people s views influence...
37  cards
Economic Methodology And The Economic Problem KW
Allocative efficiency,
Allocative price function,
What is capital
15  cards
4.1.2 Individual Economic Decison Making (including KW)
What is the utility theory for co...,
What is a consumer s utility,
What is marginal utility
24  cards
4.1.3 Price Determination In Acompetitive Market
What is demand,
Which way is expansion of demand,
Which way is contraction of demand
59  cards
4.1.4 Production, Costs And Revenue (exc 4.1.4.8)
What does production do,
What is productivity,
What is labor productivity
49  cards
4.1.8 Market Mechanism, Market Failure and Government Intervention in Markets (ONLY 4.1.8.1-4.1.8.6)
What does the price mechanism do,
What are the 3 main function the ...,
When does market failure occur
28  cards
4.2.1 The Meausremy Of Macroeconomic Performance
What are the 4 main macroeconomic...,
Why is it hard to have economic g...,
Why is it hard to have economic g...
20  cards
4.2.2 How The Macroeconomy Works
What is an example of a withdrawa...,
What is an example of an injectio...,
What is an injection into the cir...
28  cards
4.2.3 Economic Performance
What is short run growth caused by,
What is long run growth caused by,
55  cards
Exam Day Thinking
What does a current account defic...,
What are the consequences of a cu...,
What does the current account do
22  cards
25 Marker On MEO Conflicts
Introduction,
What are meos,
What are the core meos
13  cards
4.2.6 (4.2.6.2 ONLY)
What is the balance of payments,
What are the three main accounts ...,
What does the current account do
33  cards
BOP test
What are the consequences of a cu...,
Chains of reasoning for lower ad ...,
Chains of reasoning for debt burd...
11  cards
4.2.5 Fiscal Policy And Supply-side Policies
What does fiscal policy involve,
What types of fiscal policy can b...,
What is expansionary fiscal policy
46  cards
4.1.5 Market Structure ( Only .1 .2 .3 .6 .8 .10)
I,
What is on the spectra of competi...,
What is a monopoly
37  cards

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Economics A-level

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A Level Economics
  • 39 decks
  • 787 flashcards
  • 72 learners
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