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Theme 1 Economics A Level

This class was created by Brainscape user Eleftheria Sermpeti. Visit their profile to learn more about the creator.

By: Eleftheria Sermpeti
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Decks in this class (4)

1.1 nature of economics
Economic assumptions made,
Models in economics def,
Positive statement def
35  cards
1.2 how markets work
What is rational choice theory,
What factors are people influence...,
Maximisation definition
99  cards
1.3 market failure
Market failure def,
What does deadweight loss mean,
Government intervention def
26  cards
1.4 government intervention
Why do governments intervene,
Congestion charge def,
Pros and cons of congestion charge
23  cards

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Theme 1 Economics A Level

  • Class purpose General learning

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