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Ricardo AQA A-Level Economics Year 2

This class was created by Brainscape user Ricardo Serrao. Visit their profile to learn more about the creator.

By: Ricardo Serrao
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Decks in this class (11)

National and International Economy
What are the three injections,
What are the three withdrawals,
Define marginal propensity to con...
43  cards
Behavioural Economics and Government Policy
Define bounded rationality,
Define bounded self control,
Give an example of bounded self c...
24  cards
Market Failure and Tragedy of the Commons
What is a public good,
What is meant by a public good ex...,
What is meant by non rejectability
13  cards
The Labour Market
What type of demand is labour,
What is meant by labour being der...,
What is the marginal productivity...
53  cards
Fiscal and Supply-Side Policy
Define fiscal policy,
What is a budget deficit,
What is a budget surplus
41  cards
Economic Growth and Development
Define standard of living,
Define economic development,
Define economic growth
19  cards
Financial Markets
What are the 6 characteristics of...,
What is the way of remembering th...,
What are the 4 key functions of m...
76  cards
The Theory of the Firm
Define normal profit,
Define abnormal profit,
What is the point of productive e...
80  cards
Wealth and Income Inequality
Give 4 different types of policie...,
Explain how lowering taxes could ...,
Analyse how doing nothing could a...
28  cards
International Economy and Trade
Define comparative advantage,
Define absolute advantage,
What is meant by free trade
61  cards
Production, Costs and Revenues
How to calculate average costs,
Fixed costs definition,
How is short run defined
16  cards

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Ricardo AQA A-Level Economics Year 2

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