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Unknown Unknown
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Decks in this class (51)
SECTION 5- MARKET FAILURE
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Externalities
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Merit and Demerit Goods
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Pubic Goods
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Imperfect Information
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SECTION 6 - GOVERNMENT INTERVENTION
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Taxation
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Subsidies
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Privatisation, Regulation and Deregulation
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Government Failure
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Examples of Government failure
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Section 8 - MEASURING ECONOMIC PERFORMANCE
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Measuring Economic Growth
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Measuring Inflation
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Measuring Unemployment
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Measuring the Balance of Payments
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SECTION 9 - AGGREGATE DEMAND AND AGGREGATE SUPPLY
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The Circular Flow of Income
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The components of Aggregate Demand
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Aggregate Demand Analysis
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Aggregate Supply
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Macroeconomics Equilibrium
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Section 10- GOVERNMENT ECONOMIC POLICY OBJECTIVES
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Economic growth
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Unemployment
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Inflation
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the Balance of Payments
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Other Economic Policy Objectives
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Conflicts Between Economic Objectives
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Tackling Unemployment and Inflation
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section 11- MACROECONOMIC POLICY INSTRUMENTS
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Fiscal Policy
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Monetary policy
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Supply- Side Policy
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Section 1 - THE ECONOMIC PROBLEM
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An introduction to Economics
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The Economic Problem
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Production Possibility fronteirs
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Markets and Economies
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Economic Objectives
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Behavioural Economics
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Section 3- BUSINESS ECONOMICS
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Production and Productivity
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specialisation
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The Costs of a Firm
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Economies and Diseconomies of Scale
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Long Run Average Cost
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The Revenue of a Firm
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Profit
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The Objectives of Firms
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Why Firms Grow
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