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Kush R
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Decks in this class (20)
2.1 The Role Of Markets
What is a market,
What is the primary sector,
What is the secondary sector
11
cards
2.2 Demand
What is meant by demand,
What is price elasticity of demand,
What is the importance of ped on ...
7
cards
2.3 Supply
What is supply,
What are the consequences of a sh...,
What is price elasticity of supply
9
cards
2.4 Price
What is price,
What is equilibrium price,
How does price help to determine ...
3
cards
2.5 Competition
What is competition,
What is a market economy,
Why do producers compete
9
cards
2.6 Production
What is production,
What are the advantages and disad...,
What is productivity
13
cards
2.7 Labour Markets
What is the labour market,
What are factors affecting the de...,
What are the factors affecting th...
5
cards
2.8 The Role Of Money And Finanacial Markets
What is the role of money,
What is a medium of exchange,
What is the financial sector
14
cards
3.1 Economic Growth
Economic growth definition,
Gdp definition,
How to measure economic growth
9
cards
3.2 Low Unemployemnt
Unemployment definition,
Employment definition,
Government objective
15
cards
3.3 Fair Distribution Of Income
What is the evaluation of causes ...,
What is the evaluation of causes ...,
What are the consequences of weal...
4
cards
3.4 Price Stability
Inflation definition,
Deflation definition,
Disinflation definition
13
cards
3.5 Fiscal Policy
Fiscal policy definition,
3 main areas of government spending,
Sources of goverment taxation rev...
12
cards
3.6 Monetary Policy
Monetary policy definition,
Expansionary monetary policy,
Contractionary fiscal policy
5
cards
3.7 Supply-side Policy
Supply side policy definition,
Type of supply side policy,
Examples of supply side policy
5
cards
3.8 Limitations Of Markets
Market failure definition,
Externalities definition,
Negative externalities definition
9
cards
4.1 Importance Of Internation Trade
Exports definition,
Import definition,
Free trade agreement definition
8
cards
4.2 Balance Of Payments
Balance of payments definition,
Current account definition,
Bop current account records
10
cards
4.3 Exchange Rates
Exchange rate definition,
What is a floating exchange rate,
What is an appreciation
6
cards
4.4 Globalisation
0
cards
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gcse ocr economics
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