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Economics AQA
> 1.1.3 - Economic Resources > Flashcards
1.1.3 - Economic Resources Flashcards
Study These Flashcards
Study These Flashcards
Economics AQA
(35 decks)
market failure
Micro Topic 1 definitions
1.1.1 - Economic Methodology and the Economic Problem
1.1.2 - The Nature and Purpose of Economic Activity
1.1.3 - Economic Resources
1.1.4 - Scarcity, Choice and the Allocation of Resources
1.1.5 - Production Possibility Diagrams
Micro Topic 3 definitions
1.3.1 - The Determinants of Demand
1.3.2 - Price, Income and Cross Elasticities of Demand
1.3.3 - The supply of Goods and Services
1.3.5 - The Determination of Equilibrium Market Prices
1.3.6 - The Interrelationship Between Markets
1.5.11 - Consumer and Producer surplus
Microeconomic equations
Macro Topic 1 definitions
2.1.1 - The Objectives of Government Economic Policy
2.1.2 - Macroeconomic indicators
2.1.3 - The Uses of Index Numbers
2.1.4 - Uses of National Income Data
Macro Topic 2 definitions
2.2.1 - The Circular Flow of Income
2.2.2 - Aggregate Demand and Aggregate Supply
2.2.3 - The Determinants of Aggregate Demand
2.2.4 - Aggregate Demand and The level of Economic Activity
2.2.5 - Determinants of SRAS
2.2.6 - Determinants of LRAS
Macro Topic 3 definitions
2.3.1 - Economic Growth and the Economic cycle
2.3.2 - Employment and Unemployment
2.3.3 - Inflation and Deflation
2.3.4 - Conflicts Between Macroeconomic Policy Objectives
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