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Sarah Oliver
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Decks in this class (22)
Key Concepts In Economics and Analysis
What are the two basic sides to t...,
Define production,
Define consumption
29
cards
Competitive Markets
Name the four types of market str...,
Define a price taker,
Define perfectly competitive market
14
cards
Elasticity
If price is a fixed market price ...,
Define elasiticity,
What does it mean if a firm is el...
20
cards
Utility Theory
If there is a change in demand su...,
Explain stabilising speculation,
Explain destabilising speculatio ...
19
cards
Products marketing and production
Define vertical products diversif...,
Define horizontal products divers...,
What are the two choices firms ha...
33
cards
Revenue and Profit
Define total revenue,
Define average revenue,
Define marginal revenue
16
cards
The Four Market Structures
What are the features of a perfec...,
What are the features of a monpol...,
What are the features of a oligop...
30
cards
Game Theory
What are the four key elements to...,
Define player,
Define action
20
cards
Strategy and Growth Strategies
What is strategy,
What does vuca stand for and what...,
What are mintzbergs 5 psa and wha...
32
cards
Pricing Strategies
Define equilibrium price,
What are factors to be considered...,
How does market structure affect ...
23
cards
Why governments intervene
Explain social efficiency,
Explain equity,
Explain private efficiency
30
cards
Globalisation
Explain globalisation,
What is changing in the world or ...,
Explain a multinational corporation
15
cards
International Trade
Explain globalisation,
What are the four drivers of glob...,
Define absolute advantage
22
cards
The Macro economics environment - Economic Growth
The four key objectives of macroe...,
What is macroeconomics,
What is the business cycle
28
cards
Money and the Financial System
What are the four purposes of money,
What is the role of banks in the ...,
What are the three levels of money
41
cards
Balance of Payments
What are the government objective...,
Define balance of payments account,
Define open economy
14
cards
Exchange Rates
Define individual rate of exchange,
Define exchange rate index,
Define appreciation
17
cards
Unemployment and Inflation and how they link
Explain gdp equilibrium and gdp i...,
If injections are greater than wi...,
Explain what the multipler is in ...
34
cards
Fiscal policy
Define demand side policy,
Define supply side policy,
If policy is being implemented to...
17
cards
Monetary policy
Define demand side policy,
Define fiscal policy,
Define monetary policy
20
cards
Supply side policy
Define supply side policy and det...,
Define demand side policy,
What are two types of supply side...
11
cards
How governments intervene with intervention examples
What are seven market failures th...,
What are eight forms of market in...,
When do we use taxes and how do t...
35
cards
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STAT10410 Fund Business Theory
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