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Economics OCR GCE

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

By: Harry Parkin
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Decks in this class (11)

Microeconomics Scarcity and Choice
Chapter 1 key words
13  cards
Microeconomics How Competitive Markets Work
Chapter 2
6  cards
Microeconomics The Nature of Demand
Demand,
Derived demand,
Joint demand
12  cards
Microeconomics The Nature of Supply
Firm,
Competitive market,
Supply curve
6  cards
Microeconomics Market Equilibrium and The Price System
Market equilibrium,
Derived demand,
Unemployment
6  cards
Microeconomics Prices and resource allocation
Free market economy,
Productivity efficiency,
Allocative efficiency
18  cards
Microeconomics Market Failure and Government Intervention
Market failure,
Marginal social cost msc,
Marginal social benefit msb
8  cards
Microeconomics Other Forms of Market Failure
Private good,
Public good,
Free rider problem
8  cards
Government Intervention and Government Failure
Government failure,
Indirect tax,
Specific tax
10  cards
Macroeconomics Performance Inflation
0  cards
Macroeconomics Performance Employment and Unemployment
0  cards

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Economics OCR GCE

  • Class purpose General learning

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