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Economics AS

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

By: Muhammad Rafay
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Decks in this class (11)

1.1
What is the economic problem,
Who are the economic agents,
What are the factors of production
51  cards
1.2
What are the two approaches to ma...,
What is deduction,
What is induction
132  cards
1.3
What does market failure refer to,
What is an external cost,
What kind of externality is an ex...
40  cards
1.4
Define maximum price,
Define minimum price,
What is the difference between a ...
57  cards
2.1
How can you measure economic perf...,
What is aggregate demand,
What is economic growth
152  cards
2.2
What is aggregate demand,
What does aggregate demand measure,
What is the equation for aggregat...
69  cards
2.3
What is aggregate supply,
Why is it called the aggregate su...,
What does the as curve show
41  cards
2.4
What is an open economy,
What is a closed economy,
What is the circular flow of income
78  cards
2.5
What can cause short run growth,
When can long run aggregate suppl...,
How can input be increased
75  cards
2.6
What is macroeconomics,
How many macroeconomic objectives...,
What are the macroeconomic object...
104  cards
Theme 2 definitions
Index number,
Nominal value,
Real value
100  cards

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Economics AS

  • Class purpose General learning

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