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A-Level AQA Economics

This class was created by Brainscape user Muneeb Ur Rehman. Visit their profile to learn more about the creator.

By: Muneeb Ur Rehman
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Decks in this class (18)

MicroEconomics
0  cards
1.1 Types Of Economies
What are the three types of economy,
What is a free market economy,
What is a mixed economy
6  cards
1.2 Demand
What is demand,
What is individual demand,
What is market demand
14  cards
1.3 Supply
What is supply,
How does cost of production affec...,
What are the factors that affect ...
5  cards
1.4 Price Mechanism
What is the price mechanism,
What is signalling in the price m...,
What is incentivising in the pric...
4  cards
MacroEconomics
0  cards
2.1 Positive And Normative Statements
What is a positive statement,
What is the special quality of a ...,
What is a normative statement
5  cards
2.2 The Economic Problem
What are the factors of production,
What is land in the fop,
What is labour in the fop
9  cards
2.3 Opportunity Cost
What is opportunity cost,
What are economic goods,
What are free goods
3  cards
2.4 Production Possibility Frontiers
What is a p,
What is an example of ppf seen co...,
What are consumer goods
16  cards
2.5 Specialisation And Division Of Labour
What is specialisation,
What is division of labour,
What is production
6  cards
2.6 The Circular Flow Of Income
What is the circular flow of inco...,
What does a closed economy look like,
What does an open economy look like
4  cards
2.7 Income And Wealth
What is income,
What is wealth,
What is the flow concept
6  cards
2.8 The Multiplier Effect
What is the multiplier effect,
What does a positive multiplier mean,
What does a negative multiplier mean
11  cards
2.9 UK Macroeconomic Objectives
What are the main 4 macroeconomic...,
What are the 3 other macroeconomi...,
What is 1 high economic growth
13  cards
2.10 Unemployment
How is employment defined,
How is unemployment defined,
How is economically inactive defined
13  cards
2.11 Inflation
What are the two measure of infla...,
What is the main difference betwe...,
How to calculate and index number
7  cards
2.12 Trade
What is the balance of payments,
What is the bop made of,
What is foreign direct investment
13  cards

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A-Level AQA Economics

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