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

Decks in this class (13)

Paper 2 (2024)
Explain the determinants of suppl...,
Explain two possible causes of ec...,
Consider whether the consequences...
41  cards
Paper 2 (2023)
Consequences of a higher rate of ...,
Evaluation of whether ped or yed ...,
Advantages of a maximum price 3
49  cards
Paper 2 questions
Advantages of the market mechanis...,
Disadvantages of the market mecha...,
Advantages of government interven...
63  cards
Paper 2 review
Market economy advantages 1,
Planned economy advantages 2,
Market economy disadvantages 3
21  cards
Paper 4 (2024)
Describe what is meant by the gin...,
Distinguish between absolute and ...,
Explain what is meant by internal...
13  cards
AL Basic Economic Ideas and Resource Allocation
Productive efficiency 1,
Productive efficiency graphically 2,
Allocative efficiency 3
31  cards
AL Price System and the Microeconomy
The relationship of the law of di...,
The equi marginal principle 2,
Limitations of marginal utility t...
113  cards
AL Government Microeconomic Intervention
Indirect taxes 1,
Ad valorem taxes 2,
Specific taxes 3
50  cards
AL The Macroeconomy
Economic growth 1,
Economic development 2,
Sustainability 3
77  cards
Questions to go over
Advantages of the market mechanis...,
Disadvantages of the market mecha...,
Advantages of government interven...
16  cards
Paper 4 questions
Consider whether a buffer stock s...,
Usefulness of pes 2,
Usefulness of xed 3
18  cards
Paper 4 review
Behavioural barriers to entry 1,
Structural barriers to entry 2,
Evaluation of why firms grow 3
34  cards
Paper 4 (2023)
Evaluate if the provision of heal...,
Explanation of a government allow...,
Evaluate the view that the govern...
20  cards

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Economics Review

  • Class purpose General learning

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