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Csilla Horváth
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Decks in this class (27)
4.1 - The Role of Government
Mixed economy,
Planned economy,
Free market economy
12
cards
4.2 - The Macroeconomic Aims of Government
The five macroeconomic aims,
Economic growth,
Price stability
21
cards
4.3 - Fiscal Policy
Government budget,
Characteristics of government bud...,
Balanced budget
47
cards
4.4 - Monetary Policy
Monetary policy,
Money supply,
Three main instruments of monetar...
13
cards
4.5 - Supply-side Policy
Supply side policy,
Outward shift on ppc,
How does supply side policy affec...
10
cards
4.6 - Economic Growth
Gdp calculation,
Consumption,
Investment
17
cards
4.7 - Employment and Unemployment
Employment,
Unemploymnet,
Labour force
9
cards
4.8 - Inflation and Deflation
Calculating the cost of a basket ...,
Calculating cpi,
How do you calculate the taxed pe...
27
cards
5.1 - Living Standards
Economic development,
Living standards,
Single indicators of living stand...
20
cards
5.2 - Poverty
Absolute poverty,
Relative poverty,
Poverty
10
cards
5.3 - Population
Population,
Factors affecting population 3,
Birth rate
21
cards
5.4 - Differences in Economic Development
Economic development,
Causes of differences in developm...,
Explain how income differences in...
9
cards
6.1 - International Specialisation
What are the four levels of speci...,
Individual level specialisation,
Business level specialisation
10
cards
6.2 - Globalisation, Free Trade & Protection
Globalisation,
What has globalisation lead to im...,
De industrialisation
55
cards
6.3 - Foreign Exchange Rates
Exchange rate,
International currencies,
What controls the exchange rate s...
17
cards
2.1 - Microeconomics & Macroeconomics
Qualities of mircoeconomics 3 exa...,
Qualities of macroeconomics 3 exa...,
Microeconomics
13
cards
2.2 - The role of Markets in Allocating Resources
The three main economic systems,
Market economy,
Planned economy
13
cards
2.3 + 2.4 - Demand + Supply
Demand,
Ineffective demand,
Individual demand
40
cards
2.5 + 2.6 + 2.7 + 2.8 - Price Determination, Changes and Elasticity
Consumer sovereignty,
How is market equilibrium achieved,
Market equilibrium
15
cards
3.1 - Money and Banking
Specialization,
Division of labour,
Bartering
50
cards
3.2 - Households
Disposable income,
Spending,
Saving
33
cards
3.3 - Workers
Time rate,
Piece rate,
Fixed annual salary
21
cards
3.4 - Trade Unions
Trade union,
Collective bargaining,
What have trade unions done for u...
20
cards
3.5 - Firms
Firm,
Classification of firms 2
46
cards
3.6 - Firms and Production
0
cards
3.7 - Firms' costs, revenue and objectives
0
cards
3.8 - Market Structure
0
cards
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Economics iGCSE
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