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Rayan Niazi
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Decks in this class (21)
1.1 Nature of Econ
111 define ceteris paribus 1,
Define economics 2,
Define microeconomics 3
27
cards
1.2 How markets work
121 what is the assumptions of ra...,
What is demand what is the law of...,
122 a what is happening when you ...
67
cards
1.3 Market failure
131 a what is market failure 1,
131 b what are the types of marke...,
131 b what is exterbalites 3
23
cards
1.4 Government intervention
141 a purpose of indirect tax 1,
141 a adv dadv of indirect tax 2,
141 a purpose of subsides 3
20
cards
2.1 Measures of economic performance
211 a what does gdp measure 1,
211 a methods of measuring gdp va...,
211 b distinction between real an...
56
cards
2.2 Aggregate demand (AD)
221 a what is aggregate demand 1,
221 a what does an increase in ad...,
221 a whats an economic agent 3
14
cards
2.3 Aggregate supply (AS)
What is as 1,
What are the two types of as 2,
Long run vs short run 3
11
cards
2.4 National income
241 a what does notional income m...,
241 a how do households interact ...,
241 a how do firms interact with ...
15
cards
2.5 Economic growth
251 a factors which could cause e...,
251 b the distinction between act...,
252 a distinction between actual ...
11
cards
2.6 Macroeconomic objectives and policies
261 what are the macroeconomic ob...,
26 what are the two types of poli...,
262 a what are the two types of d...
23
cards
3.1 Business growth
311 a why do firms stay small 1,
311 a why do firms choose to stay...,
311 a why are firms forced to sta...
33
cards
3.2 Business objectives
321 a what are the diff busniess ...,
321 a why why not profit max and ...,
321 a why rev max and formula 3
5
cards
3.3 Revenues, costs and profits
331 a profit formula 1,
331 a what is revenue 2,
331 a total revenue formula 3
41
cards
3.4 Market structures
341 a allocative effciency 1,
341 b productive efficiency 2,
341 c dynamic efficiency 3
54
cards
3.5 Labour market
351 a define demand for labour 1,
351 a what is mrp 2,
351 a what is the significance fo...
47
cards
3.6 Government intervention
361 what is the cma 1,
361a govt intervention control me...,
361b how can govt control monopol...
7
cards
4.1 International economics
411 a define globalisation 1,
411 a what are the char of global...,
411 b what are factors contributi...
79
cards
4.2 Poverty and inequality
421 a what is absolute poverty 1,
421 a what is relative poverty 2,
421 a what is the poverty line 3
9
cards
4.3 Emerging and developing economies
431 a what does hdi stand for 1,
431 a what are the 3 dimensions o...,
431 a how is standard of living m...
16
cards
4.4 The financial sector
0
cards
4.5 Role of the state in the macroeconomy
0
cards
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Edexcel A Level Economics
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