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Maliha Riaz
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Decks in this class (37)
Economics Now
Economize 1,
Economics 2,
Economy 3
29
cards
Marginal Production
The law of diminishing returns 1,
Marginal production 2,
Graphing production possibilities...
5
cards
Productive Resources
Tangible resources 1,
Labour 2,
Capital 3
6
cards
Unit 1.2 - Economic Theorists: Adam Smith
Adam smith 1,
Adam smith believed in 2,
Adam smith created 3
14
cards
Unit 1.2 - Economic Theorists: Thomas Malthus
Thomas malthus was 1,
Malthus argued 2,
Malthus ideas 3
10
cards
Unit 2: Economic Theorists: David Ricardo
David ricardo born and died 1,
Ricardo 2,
Comparative advantage 3
12
cards
Unit 2: Economic Theorists: Karl Marx
Karl marx 1,
Published in 1848 2,
Marxism economics 3
16
cards
Unit 2: Economic Theorists: John Keynes
0
cards
Unit 2: Economic Theorists: John Galbrath
0
cards
Unit 2: Economic Theorists: Richard Wolff
0
cards
Unit 2: Economic Theorists: Milton Friedman
0
cards
Unit 2: Types of Business Ownership
Sole proprietorship 1,
Partnership 2,
Corporation 3
9
cards
Unit 2: Underground Economy
Underground economy 1,
Underground economy activities in...,
Underdeveloped countries tend to ...
15
cards
Unit 2: Corporation Qs
Corporations are 1,
Corporations 2,
Business community or company is ...
35
cards
Unit 2: Lesson 9: Background on Corporations (Reading)
Firms 1,
5 business ventures 2,
Corporation 3
9
cards
Unit 2: Co-operatives Reading
Cooperative is a 1,
Retail cooperatives 2,
Marketing cooperatives 3
12
cards
Unit 2: Production
Economic systems 1,
Canada is primarily a market econ...,
Governments create laws to 3
30
cards
Unit 2: Production Choices
Consumer demand plays major role ...,
Both __ and ___ are important to ...,
Most common measure of productivi...
22
cards
Unit 2: Firms, Competition, and the Market
Non price competition 1,
Perfect competition 2,
Monopolistic competition 3
31
cards
Unit 2: Labour Economics
Labour is 1,
Labour works like 1,
Just like other goods and service...
33
cards
Unit 2: Labour Unions
Labour union 1,
Trade union 2,
Industrial union 3
13
cards
Unit 3: Intro to Macroeconomics
Macroeconomics 1,
Recovery expansion 2,
Peak 2
5
cards
Unit 3: GDP
Gross domestic product gdp 1,
Gdp was first developed 2,
The welfare of a nation can scarc...
17
cards
Unit 3: What makes life worthwhile & GDP
How governments individuals and b...,
How government individuals and bu...,
Thesis point of view 3
3
cards
Unit 3: Why GDP Fails
5 problems with gdp 1,
Gdp counts bads as well as goods 2,
Gdp makes no adjustment for leisu...
11
cards
Unit 3: Alternative Measures of Economic Growth and Well-Being Lesson
There are various alternatives to...,
Human development index hdi 2,
Advantages and disadvantages of h...
7
cards
Unit 3: Why GDP is Inherently Sexist
According to diane cole what is t...,
How might counting unpaid work in...,
Identify and explain the two reas...
6
cards
Unit 3: Happiness Indicators
What are some common characterist...,
What do modern measures of human ...,
Why is well being happiness impor...
7
cards
Unit 3: Measuring Unemployment
Unemployment rate 1,
Calculating the unemployment rate 2,
Step one 3
8
cards
Unit 3: Jobs or Good Jobs
What is deskilling 1,
What criticisms of the unemployme...,
What do many immigrants do in an ...
5
cards
Unit 3: Participation vs Unemployment
Participation rate 1,
Pr formula 2,
Watch participation rate yt video 3
5
cards
Unit 3: Full Employment
Full employment 1,
Natural rate of unemployment is 2,
Frictional unemployment 3
11
cards
Unit 3: Okun's Law
Financial costs of unemployment 1,
Gdp gap 2,
Okun s law 3
5
cards
Unit 3: Inflation
Inflation 1,
Aggregate demand 2,
Aggregate demand aggregate supply 2
14
cards
Unit 3: Hyperinflation & Real GDP
What is hyperinflation 1,
Identify and explain the three pr...,
What causes hyperinflation provid...
9
cards
Unit 3: Income Equality & Lorenz Curve
Low income cut off 1,
Why lico is important 2,
The lorenz curve 3
9
cards
Unit 3: Aggregate Demand and Supply
Aggregate demand supply 1,
In theory 2,
By the same token if we could add...
17
cards
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