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A - Level AQA Economics - Year 1

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

By: Arukshan Sivendran
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Decks in this class (12)

The Economic Problem
What are the 2 kinds of economic ...,
What is,
What is a normative statement
34  cards
Competitive Markets
What is a market,
What is demand,
What does the demand curve show
44  cards
Business Economics
What is production,
What is productivity,
What is labour productivity
55  cards
Market Structures
What are the conditions of a perf...,
In perfect competition what is a ...,
In perfect competition what is a ...
24  cards
Market Failure
What is market failure,
What is complete market failure,
What is partial market failure
35  cards
Government Intervention
What do governments use indirect ...,
What are the two types of indirec...,
What is a specific tax
38  cards
The Labour Market
What type of demand is labour,
What does the marginal productivi...,
What is marginal revenue product
34  cards
Measuring Economic Performance
What are the four main macroecono...,
What are the 2 ways output can be...,
What is economic growth usually m...
26  cards
Aggregate demand & Aggregate Supply
Explain the circular flow of income,
What are the injections into the ...,
What are the withdrawals into the...
24  cards
Government Economic Policy Objectives
What are the four main macroecono...,
What is economic growth,
What are the different stages of ...
17  cards
Macroeconomic Policy Instruments
What is fiscal policy,
What are the two kinds fiscal pol...,
Why is expansionary fiscal policy...
24  cards
The Global Economy
What is a developed country,
What is a developing country,
What is globalisation
13  cards

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A - Level AQA Economics - Year 1

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