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Decks in this class (37)

Economics Now
Economize,
Economics,
Economy
29  cards
Marginal Production
The law of diminishing returns,
Marginal production,
Graphing production possibilities...
5  cards
Productive Resources
Tangible resources,
Labour,
Capital
6  cards
Unit 1.2 - Economic Theorists: Adam Smith
Adam smith,
Adam smith believed in,
Adam smith created
14  cards
Unit 1.2 - Economic Theorists: Thomas Malthus
Thomas malthus was,
Malthus argued,
Malthus ideas
10  cards
Unit 2: Economic Theorists: David Ricardo
David ricardo born and died,
Ricardo,
Comparative advantage
12  cards
Unit 2: Economic Theorists: Karl Marx
Karl marx,
Published in 1848,
Marxism economics
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,
Partnership,
Corporation
9  cards
Unit 2: Underground Economy
Underground economy,
Underground economy activities in...,
Underdeveloped countries tend to ...
15  cards
Unit 2: Corporation Qs
Corporations are,
Corporations,
Business community or company is ...
35  cards
Unit 2: Lesson 9: Background on Corporations (Reading)
Firms,
5 business ventures,
Corporation
9  cards
Unit 2: Co-operatives Reading
Cooperative is a,
Retail cooperatives,
Marketing cooperatives are create...
12  cards
Unit 2: Production
Economic systems,
Canada is primarily a market economy,
Governments create laws to define...
30  cards
Unit 2: Production Choices
Consumer demand plays major role ...,
Both ___ and ____ are important t...,
Most common measure of productivity
22  cards
Unit 2: Firms, Competition, and the Market
Non price competition,
Perfect competition,
Monopolistic competition products...
31  cards
Unit 2: Labour Economics
Labour is,
Labour works like,
Just like other goods and service...
33  cards
Unit 2: Labour Unions
Labour union,
Known as craft unions represent w...,
Industrial union
13  cards
Unit 3: Intro to Macroeconomics
Macroeconomics,
Recovery expansion,
Peak
5  cards
Unit 3: GDP
Gross domestic product gdp the to...,
Gdp was first developed,
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  cards
Unit 3: Why GDP Fails
5 problems with gdp,
Gdp counts bads as well as goods ...,
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,
Advantages and disadvantages of hdi
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 the percentage ...,
Calculating the unemployment rate,
Step one determine labour forceba...
8  cards
Unit 3: Jobs or Good Jobs
What is deskilling,
What criticisms of the unemployme...,
What do many immigrants do in an ...
5  cards
Unit 3: Participation vs Unemployment
Participation rate,
Pr formula,
Watch participation rate yt video
5  cards
Unit 3: Full Employment
Full employment,
N,
Frictional unemployment
11  cards
Unit 3: Okun's Law
Financial costs of unemployment,
Gdp gap,
Okun s law
5  cards
Unit 3: Inflation
Inflation,
Aggregate demand,
Aggregate demand aggregate supply
14  cards
Unit 3: Hyperinflation & Real GDP
What is hyperinflation,
Identify and explain the three pr...,
What causes hyperinflation provid...
9  cards
Unit 3: Income Equality & Lorenz Curve
Low income cut off,
Why lico is important,
The lorenz curve
9  cards
Unit 3: Aggregate Demand and Supply
Aggregate demand supply,
In theory,
By the same token if we could add up
17  cards

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