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Economics AS SFFC
> Price, Income and Cross Elasticity > Flashcards
Price, Income and Cross Elasticity Flashcards
Economics AS SFFC
(18 decks)
Scarcity, choice, opportunity cost
Economic Methodology
Factors of Production
Resource Allocation in Different Economic Systems
Production Possibility Curves
Classification of Goods and Services
Demand and Supply Curves
Price, Income and Cross Elasticity
Price Elasticity of Supply
The Interaction of Demand and Supply
Consumer and Producer Surplus
Reasons for Government Intervention
Methods and Effects of Government Intervention in Markets
Adressing Income and Wealth Inequality
National Income Statistics
The Reasons for International Trade
Protectionism
Current Account of The Balance of Payments
