- decks
- flashcards
- learners
Decks in this class (10)
[1.1] Nature of Economics
What is meant by ceteris paribus 1,
Why do economists use models as o...,
What is a positive statement 3
31
cards
[1.2] How Markets Work
In economics what two assumptions...,
What is demand 2,
What is the law of demand 3
49
cards
[1.3] Market Failure
What is a market failure 1,
What are the three main types of ...,
What is the difference between pr...
15
cards
[1.4] Government Intervention
What are the three primary method...,
What are the four secondary metho...,
What is government failure 3
9
cards
[2.1] Measures of Economic Performance
What is nominal gdp 1,
What is the difference between to...,
What is gross national product gnp 3
50
cards
[2.2] Aggregate Demand (AD)
How is aggregate demand calculated 1,
What is the largest component of ...,
What is the second largest compon...
29
cards
[2.3] Aggregate Supply (AS)
What is aggregate supply 1,
Why is the aggregate supply curve...,
What is short run aggregate supply 3
16
cards
[2.4] National Income
What is the difference between in...,
What are the injections into the ...,
What are the withdrawals out of t...
6
cards
[2.5] Economic Growth
0
cards
[2.6] Macroeconomic Objectives and Policies
0
cards
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Edexcel Economics (AS)
- Class purpose General learning
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