- decks
- flashcards
- learners
Decks in this class (21)
1.1 Nature of Economics
1.1.1 Economics as a social science, 1.1.2 Positive and normative economic statements, 1.1.3 The economic problem, 1.1.4 Production possibility frontiers, 1.1.5 Specialisation and the division of labour, 1.1.6 Free market economies, mixed economy and command economy
30
cards
1.2 How Markets Work
What is homo economicus 1,
What does a rational consumer do 2,
What does a rational producer do 3
103
cards
1.3 Market Failure
1.3.1 Types of market failure, 1.3.2 Externalities, 1.3.3 Public goods, 1.3.4 Information gaps
45
cards
1.4 Government Intervention
1.4.1 Government intervention in markets, 1.4.2 Government failure
33
cards
2.1 Measures of Economic Performance
2.1.1 Economic Growth, 2.1.2 Inflation, 2.1.3 Employment and unemployment, 2.1.4 Balance of payments
87
cards
2.2 Aggregate Demand
What is the definition of ad 1,
Equation for ad 2,
What does it mean if ad increases 3
34
cards
2.3 Aggregate Supply
Why is the as curve upward sloping 1,
What causes a move along the as c...,
What is short run aggregate suppl...
11
cards
2.4 National Income
What is the circular flow of inco...,
What is the definition of nationa...,
What do injections do in an econo...
18
cards
2.5 Economic Growth
2.5.1 Causes of growth, 2.5.2 Output gaps, 2.5.3 Trade (business) cycle, 2.5.4 The impact of economic growth
27
cards
2.6 Macroeconomic Objectives & Policies
2.6.1 Possible macroeconomic objectives, 2.6.2 Demand-side policies, 2.6.3 Supply-side policies, 2.6.4 Conflicts and tradeoffs between objectives and policies
72
cards
3.1 Business Growth
Why is business growth an objecti...,
Why do small firms still exist 2,
What is the divorce of ownership ...
26
cards
3.2 Business Objectives
What is the rational business obj...,
Why does profit benefit sharehold...,
When does profit maximisation occ...
11
cards
3.3 Revenues, costs and profits
3.3.1 Revenue, 3.3.2 Costs, 3.3.3 Economies of scale, 3.3.4 Profits
53
cards
3.4 Market Structures
What are the four types of effici...,
What is allocative efficiency and...,
What is productive efficiency and...
73
cards
3.5 Labour Market
Who are the buyers d and sellers ...,
What sort of demand is labour 2,
What is marginal physical product...
18
cards
4.1 International Economics
What is globalisation 1,
What are the four main characteri...,
What are the causes of globalisat...
97
cards
4.2 Poverty and inequality
What is absolute poverty 1,
What is relative poverty 2,
What are the main causes of absol...
20
cards
4.3 Emerging and developing economies
What is economic development 1,
What are the three dimensions of ...,
What are the scales on the hdi 3
60
cards
4.4 The Financial Sector
What is a financial market 1,
What are the functions of money 2,
What are the roles of financial m...
30
cards
4.5 Role of the State in the Macroeconomy
What are the three types of publi...,
What is current expenditure 2,
What is capital expenditure 3
52
cards
Exam Technique
How to do a chor 1,
What are the 4 ways of evaluating 2,
What is the structure of the 5 ma...
14
cards
More about
Edexcel Economics A-level
- School Unspecified
- Program type Unspecified
- Course Unspecified
- Instructor Unspecified
- Standards Unspecified
The creator of this class did not yet add a description for what is included in this class.
How studying works.
Brainscape's adaptive web mobile flashcards system will drill you on your weaknesses, using a pattern guaranteed to help you learn more in less time.
Add your own flashcards.
Either request "Edit" access from the author, or make a copy of the class to edit as your own. And you can always create a totally new class of your own too!
What's Brainscape anyway?
Brainscape is a digital flashcards platform where you can find, create, share, and study any subject on the planet.
We use an adaptive study algorithm that is proven to help you learn faster and remember longer....
Looking for something else?
Economics Edexcel A A level
- 22 decks
- 645 flashcards
- 1793 learners
Decks:
Theme 1 How Do Markets Work, Theme 1 Nature Of Economics, Theme 1 Government Intervention, And more!
Economics A level Edexcel
- 18 decks
- 1058 flashcards
- 681 learners
Decks:
Economic Vocab, Y1 Macroeconomics, Y1 Microeconomics, And more!
