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Decks in this class (17)
Theme 1 Topic 1
What is a model 1,
What is ceteris paribus 2,
What is a social science 3
69
cards
Theme 1 Topic 2
What are the 2 underlying assumpt...,
What is maximisation 2,
What are economic objectives 3
132
cards
Theme 1 Topic 3
What is market failure 1,
When will allocative inefficiency...,
What is the government s job 3
112
cards
Theme 1 Topic 4
Governments intervene to reduce m...,
Reduce inequalities in the distri...,
Governments intervene to support ...
54
cards
Theme 3 Topic 1
Why do firms want to grow 5 1,
How many businesses are there 2,
Context points for reasons for gr...
59
cards
Theme 3 Topic 2
Examples of business objectives 1,
Context for business objectives 2,
Sales maximisation formula 3
25
cards
Theme 3 Topic 3
Revenue 1,
Total revenue 2,
Average revenue 3
68
cards
Theme 3 Topic 4.1
What are the 4 types of efficienc...,
Allocative efficiency 2,
Productive efficiency 3
21
cards
Theme 3 Topic 4.2
What is perfect competition 1,
Characteristics of perfect compet...,
Sr vs lr profit max 3
9
cards
Theme 3 Topic 4.3
What is monopolistic competition 1,
Monopolistic competition features 2,
Profit maximising equilibrium in ...
10
cards
Theme 3 Topic 4.4
Oligopoly 1,
Imperfect competition 2,
Concentration ratios 3
38
cards
Theme 3 Topic 4.5
Characteristics of monopolies 1,
What does the uk cma define a leg...,
Concentration ratio of monopoly 3
22
cards
Theme 3 Topic 4.6
What is a monopsony 1,
What is a pure monopsony 2,
3 main characteristics 3
13
cards
Theme 3 Topic 4.7
Contestable market 1,
A contestable market and competit...,
Characteristics of contestable ma...
6
cards
Theme 3 Topic 5
Derived demand 1,
Labour market 2,
Factor influencing demand for lab...
49
cards
Theme 3 Topic 6
Cma 1,
Cma function 2,
Cma context point 3
29
cards
All Context For Micro
Positive normative 1,
Renewable non renewable 2,
Ppf curves 3
14
cards
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Microeconomics
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