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Economics A level (Macro)

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

By: Charlie Brewer
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Decks in this class (14)

Macroeconomics performance indicators
What is economic growth,
What is recession,
What is unemployment
8  cards
National income
What is national income,
What is national income referred ...,
What is nominal gdp
9  cards
Macroeconomic policy objectives
What are the six macro objectives...,
What is a fiscal policy,
What are the three fiscal policies
6  cards
Aggregate Demand
What is aggregate demand,
What are the components of aggreg...
2  cards
Aggregate Supply
What is aggregate supply,
What does the sras curve show us,
What are the main determinants of...
7  cards
Consumer spending
Define consumer spending,
What is disposable income,
What is the equation for marginal...
6  cards
Demand for Labour
What does the demand for labour c...,
What is mrp,
What are the none wage determinan...
3  cards
Acronyms
Factors affecting demand,
Factors affecting supply,
Factors affecting ped
9  cards
Market failure
What is market failure,
What is an externality,
How do externalities lead to mark...
18  cards
Government intervention (theme 3)
Competition policy,
Merger,
Nationalisation
11  cards
Labour market
Derived demand,
Non percuniary benefits,
Participation rate
9  cards
Balance of payments
Current account,
Financial account,
Capital account
12  cards
Efficiencies
What is allocative efficiency,
Wh,
What is x efficiency
8  cards
Market structures
What are the conditions of perfec...,
What profits are firms in perfect...,
What are the efficiencies of perf...
23  cards

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Economics A level (Macro)

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A Level Economics
  • 39 decks
  • 787 flashcards
  • 72 learners
Decks: 10 Economic Efficiency, 11 Costs And Benefits, 12 Cost Benefit Analysis, And more!
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