Decks in this Class (39):
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10 Economic Efficiency
1.0. Economic Efficiency
Sample Cards:economic efficiency static efficiency,features of economic efficiency,productive efficiency11 CardsPreview Flashcards -
11 Costs And Benefits
1.1. Costs and Benefits
Sample Cards:social costs,private costs,external costs18 CardsPreview Flashcards -
12 Cost Benefit Analysis
1.2. Cost benefit analysis
Sample Cards:cba,cba definition,social costs consist of12 CardsPreview Flashcards -
13 Market Failure And Externalities
1.3. Market Failure and Externalities
Sample Cards:market failure,reasons for market failure,geographical immobility15 CardsPreview Flashcards -
14 Government Intervention To Correct Ma
1.4. Government intervention to correct market failure
Sample Cards:methods of government intervention to co,indirect taxes,subsidies34 CardsPreview Flashcards -
20 Law Of Diminishing Marginal Utility
2.0. Law of Diminishing Marginal Utility
Sample Cards:law of diminishing marginal utility marg,how does human nature explain marginal u,law of diminishing marginal utility assu16 CardsPreview Flashcards -
21 Equi Marginal Principle
2.1. Equi-marginal Principle
Sample Cards:equimarginal principle,mu a p a,what happens when the equi marginal prin10 CardsPreview Flashcards -
22 Indifference Curves And Budget Lines
2.2. Indifference Curves and Budget Lines
Sample Cards:indifference curve,indifference,how indifference is shown on indifferenc19 CardsPreview Flashcards -
23 Indifference Curve Analysis
2.3. Indifference Curve Analysis
Sample Cards:consumer equilibrium,3 ways to find out consumer equilibrium,consumer equilibrium for dmu26 CardsPreview Flashcards -
24 Production And Costs In The Short Run
2.4. Production and Costs in the Short Run
Sample Cards:production definition,time periods short run,total product19 CardsPreview Flashcards -
25 Production And Costs In The Long Run
2.5. Production and Costs in the Long Run
Sample Cards:time period long run,time period very long run,deriving the long run average cost lrac23 CardsPreview Flashcards -
26 Revenue And Profit
2.6. Revenue and Profit
Sample Cards:total revenue tr,total revenue,average revenue ar20 CardsPreview Flashcards -
27 Market Structures
2.7. Market Structures
Sample Cards:types of market structures,market structures with imperfect competi,comparing market structures bbinnp11 CardsPreview Flashcards -
28 Perfect Competition Contestable Marke
2.8. Perfect Competition + Contestable Markets
Sample Cards:perfect competition assumptions,perfect competition revenue curves,long run equilibrium normal profits draw18 CardsPreview Flashcards -
29 Monopoly
2.9. Monopoly
Sample Cards:monopoly,monopolist,pure monopoly22 CardsPreview Flashcards -
210 Monopolistic Competition
2.10. Monopolistic Competition
Sample Cards:monopolistic competition assumptions,monopolistic outcomes,monopolistic competition examples8 CardsPreview Flashcards -
211 Oligopoly
2.11. Oligopoly
Sample Cards:oligopoly assumptions,non collusive oligpoly,significance of non price price competit3 CardsPreview Flashcards -
212 Growth And Survial Of Firms
2.12. Growth and Survial of Firms
Sample Cards:reasons for small firms,reasons for growth of firms,internal growth organic growth12 CardsPreview Flashcards -
213 Objectives Of Firms
2.13. Objectives of Firms
Sample Cards:profit maximisation,revenue maximisation,sales maximisation24 CardsPreview Flashcards -
31 Demand For Labour
3.1. Demand for Labour
Sample Cards:derived demand,demand for labour,total physical product18 CardsPreview Flashcards -
32 Supply Of Labour
3.2. Supply of Labour
Sample Cards:individual worker s supply of labour,individual worker s supply of labour ass,individual worker s supply of labour cur28 CardsPreview Flashcards -
33 Wage Determination In A Labour Market
3.3. Wage Determination in a Labour Market and Perfect Imperfect Labour Market
Sample Cards:labour market equilibrium curve draw,equilibrium in labour markets,why are there changes in market wages28 CardsPreview Flashcards -
34 Policies Towards Income And Wealth Re
3.4. Policies towards income and wealth redistribution
Sample Cards:what does equity mean,horizontal equity,vertical equity25 CardsPreview Flashcards -
40 Government Macro Policy Aims
4.0. Government macro policy aims
Sample Cards:the main government macroeconomic policy,guilt ex main government macroeconomic p,other government macroeconomic aims22 CardsPreview Flashcards -
41 Economic Growth Economic Development
4.1. Economic growth, economic development and sustainability
Sample Cards:economic growth,short term actual growth,long term growth30 CardsPreview Flashcards -
42 National Income Statistics
4.2. National Income Statistics
Sample Cards:national income definition,3 measures of national income,gross domestic product gdp definition31 CardsPreview Flashcards -
43 Indicators Of Living Standards
4.3. Indicators of Living Standards
Sample Cards:economic development meaning,monetary indicators,non monetary indicators24 CardsPreview Flashcards -
44 Characteristics Of Development
4.4. Characteristics of development
Sample Cards:economic development definition,developing economies,emerging economies brics16 CardsPreview Flashcards -
45 Development Policies
4.5. Development Policies
Sample Cards:development policies,bilateral aid,multilateral aid28 CardsPreview Flashcards -
46 Employment And Unemployment
4.6. Employment and Unemployment
Sample Cards:employment,unemployment,unemployment rate53 CardsPreview Flashcards -
47 Unemployment Policies
4.7. Unemployment Policies
Sample Cards:unemployment policies,reflationary expansionary fiscal policy,reflationary expansionary fiscal policy14 CardsPreview Flashcards -
48 The Phillips Curve
4.8. The Phillips Curve
Sample Cards:the phillips curve meaning,the phillips curve diagram draw diagram,the phillips curve background11 CardsPreview Flashcards -
49 Circular Flow Of Income
4.9. Circular Flow of Income
Sample Cards:circular flow of income models,circular flow of income simple model,circular flow of income two sector close16 CardsPreview Flashcards -
410 Aggregate Expenditure Ae
4.10. Aggregate Expenditure (AE)
Sample Cards:aggregate expenditure,aggregate expenditure formula,aggregate expenditure curve42 CardsPreview Flashcards -
411 Equilibrium National Income
4.11. Equilibrium national income
Sample Cards:equilibrium national income,3 approaches to equilibrium national inc,aggregate demand and aggregate supply9 CardsPreview Flashcards -
412 Money Supply Theory
4.12. Money supply (theory)
Sample Cards:the quantity theory of money shows what,the quantity theory of money equation,the quantity theory of money concept18 CardsPreview Flashcards -
413 Keynesian And Monetarist Schools
4.13. Keynesian and Monetarist Schools
Sample Cards:key proponent of the keynesian view,key proponent of the monetarist view,market equilibrium in keynesian and mone25 CardsPreview Flashcards -
414 Demand For Money Interest Rate Deter
4.14. Demand for Money, Interest Rate Determination and Paradox of Thrift
Sample Cards:liquidity preference theory definition,liquidity preference theory shows what,transactions motive24 CardsPreview Flashcards -
415 Policies Towards Developing Economie
4.15. Policies towards Developing Economies; Policies of Trade and Aid
Sample Cards:government macro policy aims,low inflation aim conflicts,balanced budget aim conflicts4 CardsPreview Flashcards
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