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Decks in this class (16)
Unit 1: The Capitalist Revolution
What is income inequality 1,
What is gdp per capita 2,
Definition of gdp 3
35
cards
Unit 2: Technology, Population and Growth
What is the malthusian s trap 1,
What is malthusian s catastrophe 2,
Limitation of malthusian s trap 3
26
cards
Unit 3: Scarcity, Work and Choice
Definition of utility 1,
Definition of indifference curve 2,
What is preference 3
31
cards
Unit 4: Social Interactions
Definition of social interactions 1,
What is a strategic interaction 2,
Definition of strategy 3
42
cards
Unit 5: Property and Power- Mutual gains and Conflict
Definition of institutions 1,
How do institution s influence de...,
Definition of power 3
49
cards
Unit 6: The Firm: Owners, Managers and Employees
Definition of division of labour 1,
What do firms represent 2,
What are markets characterised by 2
76
cards
Unit 7: The Firm and its Customers
Formula of economic profit 1,
Definition of isoprofit 2,
What does the slope of an isoprof...
80
cards
Unit 8: Supply & Demand, Price taking + Competitive markets
Definition of willingness to acce...,
Definition of reservation price 2,
Definition of supply curve 3
62
cards
Unit 9: The Labour Market
Definition of wage setting curve 1,
Definition of price setting curve 2,
Definition of labour force 3
93
cards
Unit 13: The Macroeconomy
Difference between a flow and a s...,
What are the components of nation...,
What is the relationship between ...
80
cards
Unit 18: Globalisation
Definition of comparative advanta...,
Definition of absolute advantage 2,
Definition of exchange rate 3
81
cards
Unit 14: The Goods Market and Fiscal Policy
What is the aggregate demand func...,
Components of aggregate demand in...,
What do we assume in the goods ma...
115
cards
Unit 10: The Money Market + Credit
How can the government stabilise ...,
What causes failure in the privat...,
What is moral hazard 3
134
cards
The Money Market + Monetary Policy (pt 2)
What is monetary policy 1,
What is the difference between mo...,
Why do we care about real interes...
41
cards
Unit 15: Inflation, Unemployment and Monetary Policy
How does the government stabilise...,
What factors affect the price lev...,
What is the target inflation rate...
133
cards
Macro Policy Analysis
How and why would the central ban...,
What has changed regarding how th...,
What is the asi asi model 3
63
cards
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