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Jamie Perritt
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Decks in this class (21)
Globalisation 4.1
Globalisation def,
4 characteristics of globalisation,
Causes of globalisation5
10
cards
Specialisation and trade 4.1
Absolute advantage,
Comparative advantage theory,
Comparative advantage def
6
cards
Pattern of Trade 4.1
Factors influencing the pattern o...,
Patterns of trade def
2
cards
Terms of Trade 4.1
Terms of trade def,
Factors influencing a country s t...,
Change in the exchange rate
7
cards
Trading Blocs and the World Trade Organisation (WTO) 4.1
Trading bloc def,
Types of trading bloc4,
Advantages and disadvantages of t...
5
cards
Restrictions on free trade 4.1
Protectionist measures5,
Reasons for protectionist policies3,
Impact of protectionist policies ...
6
cards
Balance of payments 4.1
Balance of payments,
Current account,
Capital financial account
5
cards
Exchange Rates 4.1
Exchange rate systems,
Revaluation vs appreciation of cu...,
Devaluation vs depreciation
9
cards
International competitiveness 4.1
Relative unit labour costs,
Relative export prices,
Factors influencing international...
4
cards
Absolute & Relative Poverty 4.2
Absolute relative poverty,
Causes of changes in absolute and...,
Poverty trap
4
cards
Inequality 4.2
Wealth v income,
Lorenz curve,
Gini coefficient
6
cards
Measures of Human Development 4.3
Hdi,
Pros cons of hdi,
Human poverty index hpi
4
cards
Factors influencing growth and development 4.3
Factors influencing growth and de...
1
cards
Strategies influencing growth and development 4.3
Market orientated strategies,
Interventionist strategies,
Development of tourism
4
cards
The role of international institutions and non-government organisations (NGOs) 4.3
Imf,
Ngos
2
cards
Market Failure in the financial sector
Asymmetric information,
Externalities,
Moral hazard
4
cards
Types of public expenditure
Types of expenditure3,
Impact of gov spending on product...,
Living standards
4
cards
Tax
Type of tax3,
Laffer curve,
Affect of taxes on ad as
6
cards
Structural v Cyclical Deficit
Cyclical deficit,
Structural deficit,
Impacts of structural deficits
5
cards
Reducing fiscal deficit
Reducing fiscal deficit and natio...,
Cons of macro policies,
Austerity to reduce national debt
4
cards
LRAS & AD Diagram (MUST KNOW)
Lras ad diagram,
Sras diagram
2
cards
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Economics - Theme 4
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