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Jamie Perritt
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Decks in this class (21)
Globalisation 4.1
Globalisation def 1,
4 characteristics of globalisation 2,
Causes of globalisation 3
10
cards
Specialisation and trade 4.1
Absolute advantage 1,
Comparative advantage theory 2,
Comparative advantage def 3
6
cards
Pattern of Trade 4.1
Factors influencing the pattern o...,
Patterns of trade def 2
2
cards
Terms of Trade 4.1
Terms of trade def 1,
Factors influencing a country s t...,
Change in the exchange rate 3
7
cards
Trading Blocs and the World Trade Organisation (WTO) 4.1
Trading bloc def 1,
Types of trading bloc 2,
Advantages and disadvantages of t...
5
cards
Restrictions on free trade 4.1
Protectionist measures 5 1,
Reasons for protectionist policie...,
Impact of protectionist policies ...
6
cards
Balance of payments 4.1
Balance of payments 1,
Current account 2,
Capital financial account 3
5
cards
Exchange Rates 4.1
Exchange rate systems 1,
Revaluation vs appreciation of cu...,
Devaluation vs depreciation 3
9
cards
International competitiveness 4.1
Relative unit labour costs 1,
Relative export prices 2,
Factors influencing international...
4
cards
Absolute & Relative Poverty 4.2
Absolute relative poverty 1,
Causes of changes in absolute and...,
Poverty trap 3
4
cards
Inequality 4.2
Wealth v income 1,
Lorenz curve 2,
Gini coefficient 3
6
cards
Measures of Human Development 4.3
Hdi 1,
Pros cons of hdi 2,
Human poverty index hpi 3
4
cards
Factors influencing growth and development 4.3
Factors preventing growth in ledcs 1
1
cards
Strategies influencing growth and development 4.3
Market orientated strategies 1,
Interventionist strategies 2,
Development of tourism 3
4
cards
The role of international institutions and non-government organisations (NGOs) 4.3
Imf 1,
Ngos 2
2
cards
Market Failure in the financial sector
Asymmetric information 1,
Externalities 2,
Moral hazard 3
4
cards
Types of public expenditure
Types of expenditure 1,
Impact of gov spending on product...,
Living standards 3
4
cards
Tax
Type of tax 3 1,
Laffer curve 2,
Affect of taxes on ad as 3
6
cards
Structural v Cyclical Deficit
Cyclical deficit 1,
Structural deficit 2,
Impacts of structural deficits 3
5
cards
Reducing fiscal deficit
Reducing fiscal deficit and natio...,
Cons of macro policies 2,
Austerity to reduce national debt 3
4
cards
LRAS & AD Diagram (MUST KNOW)
Lras ad diagram 1,
Sras diagram 2
2
cards
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Economics - Theme 4
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