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Decks in this class (21)
Theme 1: How do Markets Work
What is demand 1,
Describe the relationship between...,
What do all demand curves have in...
102
cards
Theme 1: Nature of Economics
What is ceteris paribus 1,
What type of science is economics 2,
How do economists make models the...
59
cards
Theme 1: Government Intervention
What are the 4 causes of governme...,
What is government failure 2,
What are information gaps 3
8
cards
Theme 1: Market Failure
What is market failure 1,
What are the 4 types of market fa...,
What is another word for negative...
44
cards
Theme 2: Measures of Economic performance
What is inflation 1,
What is hyperinflation 2,
What are the 2 types of inflation 3
89
cards
Theme 2: Aggregate Demand
Can you describe to me what 3 thi...,
When should you draw a demand cur...,
State the aggregate demand formula 3
33
cards
Theme 2: Aggregate Supply
What is aggregate supply 1,
Draw a short run sras diagram 2,
Draw the keynesian lras diagram a...
7
cards
Theme 2: National Income
What are the 2 ways of measuring ...,
What is income 2,
What is wealth 3
25
cards
Theme 2: Economic Growth
Draw and annotate the business cy...,
What is a recession 2,
What is a boom 3
14
cards
Theme 2: Macroeconomic Objectives and Policies
What are supply side policies 1,
What are demand side policies 2,
What is fiscal policy 3
53
cards
Theme 3: Business Growth
What are the 5 reasons why some f...,
What are the 5 reasons why other ...,
What is the divorce of ownership ...
59
cards
Theme 3: Business Objectives
Who are the 5 influencers of the ...,
What are the shareholder s object...,
What are the directors managers 2...
12
cards
Topic 3: Revenues, Costs and Profits
What is total revenue 1,
What is average revenue 2,
What is the formula for average r...
79
cards
Theme 3: Market Structures
What are the 4 factors that affec...,
What are the 5 market structures 2,
What is the n firm concentration ...
69
cards
Theme 3: Labour markets
Draw a labour market diagram 1,
Why does the labour diagram look ...,
In the labour market what do we c...
40
cards
Theme 3: Government Intervention
What does the cma stand for 1,
What are the 4 key types of polic...,
What is a merger policy 3
24
cards
Theme 4: International Economics
What is absolute advantage 1,
What is comparative advantage 2,
What is the theory of comparative...
157
cards
Theme 4: Emerging and Developing Economies
What are the 5 indicators of deve...,
What are the 3 measures of develo...,
What is economic development 3
105
cards
Theme 4: Poverty and Inequality
What is absolute poverty 1,
How is absolute poverty measured 2,
What is relative poverty 3
16
cards
Theme 4: Financial Markets
What are the roles of financial m...,
What does it mean to facilitate s...,
What does it mean to facilitate l...
23
cards
Theme 4: The role of the state in the macro-economy
What are the 3 ways of implementi...,
What is a progressive tax 2,
What is a regressive tax 3
50
cards
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