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Lukas Ehrlich
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Decks in this class (27)
Macro Economics 1
Absolute advantage,
Comparative advantage,
Private sector
20
cards
Macro Economics 2
3 goals of every economy,
Gross domestic product,
Gdp per capita
28
cards
Macro Economics 3
Aggregate demand,
What does gdp consist of,
Recessionary gap
13
cards
Macro Economics 4
Name three functions of money,
Expansionary monetary policies,
Contractionary monetary policies
8
cards
Macro Economics 5
Balance of payments bop,
Balance of trade,
Current account
9
cards
Micro Economics 1
Substitues,
Complements,
Normal goods
16
cards
Micro Economics 3
Fixed costs,
Variable costs,
Fixed resources
12
cards
Micro Economics 4
Four market structures,
Characteristics of a monopoly,
Marginal rev curve in a monopolis...
15
cards
As Revision Guide
Positive statement,
Normative statement,
Allocative efficient
21
cards
Current Topics
Foreign direct investment fdi,
Banking flows,
Portfolio investment
23
cards
Definitions
Interest rates,
Three types of inflation,
Inflation
32
cards
TRADE BROWN
Gains from trade,
Static gains from trade,
Dynamic gains
9
cards
AS/AD
Aggregate supply,
Short run aggregate supply,
Long run aggregate supply
17
cards
Inflation
Def inflation,
Creeping inflation,
Hyperinflation
23
cards
Labour Market REv
Definition labour demand curve,
What kind of demand is labour,
Mrp definition
17
cards
Gender Pay Gap Essay
What is the gender pay gap,
How the gender pay gap has evolve...,
Significance of uk gender pay gap...
4
cards
10.2 Trade NEW
Absolute advantage,
Specialisation with an absolute a...,
Comparative advantage
6
cards
Labour Market 15th March
Define labour supply,
Factors that affect the labour su...,
Approximate net inward migration ...
27
cards
Monopolistic Competition 19th March
6 key characteristics of monopoli...,
Definition of monopolistic compet...,
Efficiencies in monopolistic comp...
8
cards
Baubles and Tinsel
Real gdp growth,
Unemployment rate,
Youth unemployment
28
cards
Contestable markets
What is a contestable market,
Characteristics of a contestable ...,
Key aspect of a contestable market
10
cards
Price discrimination
What is price discrimination also...,
How many kinds of dynamic pricing...,
1st degree
11
cards
NATURAL MONOPOLY
Which costs are very high in a na...,
Introducing competition into a na...,
Efficiencies in a natural monopoly
5
cards
Oligopoly
Define oligopoly,
Define interdependence,
What is caused by rigid prices
11
cards
Economic efficiencies and market structures
Allocative efficiency in a contes...,
Productive efficiency in a contes...,
Dynamic efficiency in a contestab...
9
cards
Micro Baubles and Tincel
Estimated costs to society from d...,
Estimated costs to society from o...,
Plastic packaging tax
11
cards
Privatisation
Define privatisation,
How does privatisation potentiall...,
Policies alongside privatisation
6
cards
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***ECON
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