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Lidzy Loo
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Decks in this class (21)
Money and Finance
Self sufficiency and specialisation,
Barter,
Problems of barter
40
cards
Occupations and Earnings
Wage rate,
Ways to pay wage rate,
Changes in earnings
27
cards
The Growth of Firms
What is capital employed,
In what ways can you measure and ...,
What is market share
19
cards
Competition
Why do firms compete,
What are the two types of competi...,
What are the two main types of ad...
31
cards
Government Economic Policy
Study the role and the objectives of the government in an economy, and how those objectives are achieved.
30
cards
Organisation of Production
Industries,
Profit,
What organisations are there that...
16
cards
Social Costs and Benefits
Private benefit,
External benefit,
Positive externality
12
cards
Taxation
Financing public expenditure,
Tax evasion and avoidance,
Uses of taxes
18
cards
Types of Business Organisation
Learn the different types of business organisation and describe the effects of changes in the structure of organisations.
34
cards
Price inflation
Inflation,
Hyperinflation,
Cpi and rpi
24
cards
The Role of Trade Unions
Trade union,
Functions of trade unions,
Types of trade unions
16
cards
Spending, saving and borrowing
Disposable income,
Consumer expenditure,
Utility
24
cards
International Specialisation and Trade
Globalisation,
International trade,
Absolute advantage
17
cards
Balancing international payments
Visible trade,
Visible export,
Visible import
31
cards
Employment and unemployment
Key employment indicators,
Labour force,
Dependent population
25
cards
Output and Growth
National output income and expend...,
Gross domestic product gdp,
Gross value added gva
16
cards
Developed and less-developed economies
Developed economy,
Developing economy,
Rapidly developing economy
15
cards
Population
Overpopulation,
Dependent population,
Dependency ratio
17
cards
Economic systems
Economic system
1
cards
How markets work
Price mechanism,
Demand,
Supply
18
cards
The basic economic problem
The basic economic problem,
Production,
Factors of production
8
cards
More about
IGCSE Economics
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