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Decks in this class (17)
1.1 market system - problem and assumptions
Factors of production 1,
Basic economic problem 2,
Scarce resources 3
18
cards
1.1 market system - demand, supply, equilibrium
Relationship between price and de...,
Effective demand 2,
Demand curve 3
50
cards
1.1 market system - elasticity
Ped 1,
Inelastic demand 2,
Elastic demand 3
34
cards
1.1 market system - the mixed economy
Public sector 1,
Private sector 2,
Economy 3
43
cards
1.1 market system - externalities
External costs 1,
Examples of external costs 2,
External benefits 3
11
cards
1.2 business economics - production
Production 1,
Factors of production definition 2,
What are the factors of production 3
15
cards
1.2 business economics - division of labour
Productivity 1,
Why do we want more productivity 2,
Factors affecting productivity la...
13
cards
1.2 business economics - costs, revenues, profits
Costs 1,
Fixed costs 2,
Variable costs 3
27
cards
1.2 business economics - competition
Competition 1,
Features of a competitive market 2,
Barriers to entry 3
30
cards
1.2 business economics - labour market
Wage rate 1,
Demand for labour meaning 2,
Wage rate and demand for labour r...
18
cards
1.2 business economics - govt intervention
Govt intervention definition 1,
Govt regulation for externalities 2,
Govt regulation for competition a...
13
cards
2.1 govt and the economy - macro objectives
Macroeconomics 1,
Macroeconomic objectives x6 2,
Economic growth 3
104
cards
2.1 govt and the economy - govt policies
Policy instruments 1,
Fiscal policy 2,
Ad definition 3
56
cards
2.1 govt and the economy - objectives and policies
Trade off 1,
When do government s have to make...,
Unemployment and inflation confli...
7
cards
2.2 global economy - globalisation
Globalisation 1,
Interdependence 2,
Key features of globalisation 3
36
cards
2.2 global economy - international trade
International trade 1,
Why do countries trade with each ...,
Free trade 3
24
cards
2.2 global economy - exchange rates
0
cards
More about
iGCSE econ
- Full test name Unspecified
- Test acronym Unspecified
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