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Decks in this class (23)
chapter 1 - growth
Economies of scale 1,
Diseconomies of scale 2,
Market power 3
18
cards
chapter 6 - using price elasticity of demand
Price elasticity of demand 1,
Goods are more price elastic if 2,
On a price elasticity demand grap...
10
cards
chapter 2 - ways to grow
Acquisition 1,
Backward vertical integration 2,
Conglomerate integration 3
18
cards
chapter 3 - innovation
Competitive advantage 1,
Government failure 2,
Innovation 3
15
cards
chapter 4 - effects of the digital market economy
Asymmetrical information 1,
Digital distribution 2,
Digital economy 3
13
cards
chapter 5 - small firm competition
X inefficiency 1,
5 reasons why forms remain small 2,
8 ways to differentiate 3
4
cards
chapter 7 - competing on price
9 factors affecting price of a pr...,
Mark up cost price 2,
Premium pricing 3
11
cards
chapter 8 - non price competition
6 types of promotion 1,
How does digital marketing collec...,
Over gaming 3
16
cards
chapter 9 - income elasticity of demand
Income elasticity of demand 1,
What will happen to demand of lux...,
What will happen to demand of inf...
10
cards
chapter 10 - productivity
Capital intensive 1,
Gdp per capita 2,
Human capital 3
17
cards
chapter 11 - capacity utilisation
Capacity 1,
Capacity utilisation 2,
Capacity utilisation equation 3
15
cards
chapter 12 - efficiency and competitiveness using lean production
Batch production 1,
Cell production 2,
Flow production 3
29
cards
chapter 16 - exchange rates
What might be an issue of a negat...,
The foreign exchange market is de...,
Floating exchange rate 3
8
cards
chapter 17 - the economic cycle
The economic cycle 1,
Economic affects of down turn on ...,
Economic affects of an upswing 3
7
cards
chapter 21 - possible macroeconomic objectives
Economic growth 1,
Aggregate demand equation 2,
5 things the macroeconomics is co...
12
cards
chapter 18 - flow of income
What is consumption affected by 5 1,
What is investment affected by 4 2,
What is government spending affec...
11
cards
chapter 19 - inflation
Cost push 1,
Demand pull 2,
Monetary 3
13
cards
chapter 20 - employment and unemployment
Unemployment 1,
Voluntary unemployment 2,
Under employment 3
19
cards
chapter 22 - macroeconomic policies
3 aims of fiscal policy 1,
Government spending 2,
Government tax 3
19
cards
chapter 23 - policy conflicts
Environment vs competitiveness 1,
Progressive taxes vs inflation 2,
Fiscal policy vs monetary policy 3
8
cards
chapter 13 - globalisation
0
cards
chapter 14 - developed, emerging and developing economies
0
cards
chapter 15 - international trade
0
cards
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economics - theme 2
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