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Ashkan Rastani
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Decks in this class (22)
Unit 1 - What is Economics?
What is the fundamental economic ...,
Meaning of scarcity in economics,
What is economic activity
18
cards
Macro 1 - Macroeconomics Indicators and Government Objectives
What is the purpose of microecono...,
What does the economic growth ind...,
How is economic growth measured
36
cards
Micro 2 - Factors of Production and the PPF diagram
What is the production possibilit...
1
cards
Balance of Payments + FDI
Last edited 06/06/2023
15
cards
Monetary and Fiscal Policy
What are monetary policies,
What are fiscal policies,
What is the point of expansionary...
25
cards
Bonds
What is a coupon rate,
What is meant by maturity,
What is the nominal value of a bond
5
cards
Supply-side Policies
What are supply side policies,
What are interventionist supply s...,
What are market based suppl
13
cards
Inflation
What is cpi consumer price index,
How do you calculate cpi,
What are does the basket consist of
7
cards
Exchange Rates
How can the pound appreciate,
What causes the supply of the pou...,
Cons of appreciation
6
cards
Monopolies and Competitive Markets
Meaning of x efficiency and where...,
Meaning of dynamic efficiency,
Meaning of static efficiency
27
cards
Price Controls
Maximum price control meaning,
Minimum price control meaning,
What does a minimum price control...
8
cards
Market Failure - Public Goods
What are public goods,
What is the free rider problem an...,
Meaning of non excludability
5
cards
Market Failure - Externalities
Advantages of indirect tax,
Disadvantages of indirect tax,
Advantages of subsidies
6
cards
Pollution Permits
What are pollution permits and ho...,
What are the aims of pollution pe...,
Strengths or pollution permits
5
cards
The International Economy + Globalisation
What is globalisation,
Causes of globalisation,
Advantages and disadvantages of m...
9
cards
Micro 21 - Market Failure - Tragedy of the Commons
What are non rivalrous goods,
What is the meaning of non exclud...,
Common resource
8
cards
Behavioural Economics
Why and how does be question the ...,
Bounded rationality,
Rule of thumb
16
cards
Labour Market
Demand for labour and any factor ...,
To what point will there be deman...,
Mrpl curve is the same shape as t...
14
cards
Macro 19 : Economic Growth and Development
Common characteristics of develop...,
Harrod domar model,
Primary product dependency
23
cards
Macro 20: Financial Markets
Capital ratio,
Liquidity ratio,
Stress tests
6
cards
Micro 24 - Wealth and Income inequality
Causes of income inequality,
Causes of wealth inequality,
Economic and social costs of ineq...
7
cards
Labour Markets
Adv of nmw,
Dsvnt of nmw
2
cards
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