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economics grade 11 unit 1

This class was created by Brainscape user Olivia Karner. Visit their profile to learn more about the creator.

By: Olivia Karner
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Decks in this class (9)

Basic Economics
What are the three economic quest...,
What
2  cards
Production Possibility Curve
What are the assumptions of the ppc,
What is the purpose of ppc,
What factors would move the ppc o...
7  cards
Four Factors of Production
What are the four factors of prod...,
What is land give examples,
What us labour give examples
5  cards
Efficiencies
What is allocative efficiency,
What is productive efficiency,
What is dynamic efficieny
4  cards
Economic Systems
What is a market economy,
What is a command economy,
What is a traditional economy
7  cards
Circular Flow
What are the sectors in the circu...,
What are the leakages in the circ...,
What are the injections in the ci...
7  cards
GDP and CPI
What is gdp and how is it measured,
What is cpi and how is it measured
2  cards
AD+AS
What is aggregate supply,
What is aggregate demand,
What is the formula for aggregate...
3  cards
Business Cycle
What are the four phases of the b...,
What are the,
How does the trough phase affect ...
5  cards

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economics grade 11 unit 1

  • Class purpose General learning

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