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Zehaab Zaheer
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Decks in this class (27)
Validation
What is market effiency,
What does demand curve show,
What does supply curve show
37
cards
f
Defintion of market effieicnecy,
Positive externalites and negativ...,
What role does gov do when there ...
10
cards
2. Intro to Economics
What is economic problem,
What 2 concerns does economics de...,
To help solve consumers choices a...
19
cards
3. Production Possibility Frontier
What is oppurtunity cost,
What is ppf,
What does ppf assume
9
cards
1. Shift in Supply and Demand
Where does demand supply shift wh...,
What are the 4 types of goods,
What are 2 types of changes in de...
10
cards
1. Elasticity Intro
What is elastic demand,
What is inelastic prodcuts,
Examples of elastic products
16
cards
3. Price Elasticity of Supply
Determinants of price elasticity ...,
If supply is elastic,
If supply inelastic
11
cards
SEM 1 DEFINITIONS
Barriers to entry,
Complementary goods,
Ceterus paribus
38
cards
S.Intro to Econ
What is the law of demand,
What is substitution effect,
What is income effect
7
cards
S Demand
What is the law of demand,
Effect of change of price on mode...,
Non price factors affecting demand
4
cards
Exam Revision Semester 1
What is income effect,
Example of income effect,
What is substituition effect
72
cards
rr
4 different type of goods,
What do private goods have to hav...,
What do club goods have to have p...
5
cards
Circular Flow of Income
What does macroeconomics study,
What does circular flow of income...,
What are the focuses of macroecon...
32
cards
PPF
What does the production possibil...,
What concept does the ppf model h...,
What does the ppf illustrate rega...
25
cards
APF
Dd,
What is the aggregate production ...,
How does the law of diminishing r...
15
cards
Inflation
What is inflation,
What is the opposite of inflation,
How is inflation measured
14
cards
Economic Growth
What are potential and actual eco...,
What are the 3 p s that contribut...,
How does population growth contri...
10
cards
Circular Flow of Income Real
What percentage of gdp does consu...,
How much of the final value is co...,
What is consumption expenditure
33
cards
Revision for Tsk 5
24
cards
Business Cycle
What does business cycle depict,
4 phases of business cycle,
What is output defined as
18
cards
2. Business Cycle
What is an economic indicator def,
Economic indicator examples,
What does economic indicator indi...
14
cards
1. Unemployment
What does unemployment rate reflect,
How to get unemplyment info,
Labour force def
13
cards
2. unemployment
Participation rate formula,
Full employment,
3 types of unemplyment
6
cards
unemplyment types
Frictional unemploymen,
How many ppl changed thier jobs f...,
Causes of frictional unemplyment
8
cards
effects of gdp and nru
Natural rate of unempyment fromual,
Natural rate of unemplyment,
Why is the unemployment rate neve...
12
cards
Business Cycle and Unemployment Revision
What is the business cycle,
What are indicators of macroecono...,
How have recent events impacted t...
12
cards
phillips curve
What is phillips curve,
Phillip curve,
3
cards
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Economics
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