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OCR Economics A-level AANYA > 37 Income distribution and welfare > Flashcards

37 Income distribution and welfare Flashcards

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OCR Economics A-level AANYA (54 decks)

O2E Financial sector

1 The economic problem

2 The allocation of resources

3 Oppurtunity cost

4 Specialisation and trade

7 Consumer and producer surplus

8 The interaction of markets

10 The concept of the margain

11 Market failure and externalities

12 Information failure

13 Public goods

14 Government intervention

15 Business objectives

16 Costs and economies of scale

17 Revenue and profit

18 Perfect competition

20 Monopolistic competition

22 Contestable markets

23 Demand for labour

24 Supply of labour

25 The interaction of labour markets

26 The circular flow of income

27 Aggregate demand

28 Aggregate supply

29 The interaction of aggregate demand and supply

30 The multiplier and accelerator

31 Economic growth

32 Economic development

35 Balance of payments

36 Trends in macroeconomic indicators

37 Income distribution and welfare

38 The phillips curve

39 Fiscal policy

40 Monetary policy

41 Supply-side policies

42 Policy conflicts

43 International trade

44 Exchange rates

45 Globalisation

46 Trade policies and negotiations

47 Money and interest rates

48 The financial sector

49 Financial regulation

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