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Robert Dennis
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Decks in this class (50)
1.1 Nature of Economics Content
What is the definition of ppf pro...,
What does a ppf curve show and wh...,
Why is a ppf graph curved 3
20
cards
1.2 - How Markets Work Content
What are the underlying assumptio...,
What are some critiques of the as...,
What is the different between a m...
51
cards
1.3 - Market Failure Content
What are the 3 main types of mark...,
Define externalities 2,
What are external costs benefits 3
34
cards
1.4 - Government Intervention Content
Give the extra disadvantage to in...,
2 benefits of indirect taxes in e...,
If an indirect tax is imposed on ...
48
cards
2.1 - Measures of economic performance Content
What is economic growth decline 1,
How is economic growth measured 2,
What is national income 3
72
cards
2.2 - Aggregate Demand Content
What is marginal propensity to co...,
What are mpm mps mpt mpw 2,
Determinants of consumption 3
9
cards
2.3 - Aggregate Supply Content
What is short run aggregate supply 1,
Why is the classical sras curve u...,
Classical lras graph 3
11
cards
2.4 - National Income Content
What is short run aggregate supply 1,
Why is the classical sras curve u...,
Classical lras graph 3
31
cards
2.5 - Economic growth Content
Define recession 1,
What are the conditions of having...,
How does demand led growth affect...
38
cards
2.6 - Macroeconomic objectives and policies Content
Rebel bells macroeconomic objecti...,
Differences between fiscal and mo...,
What is a deflationary policy 3
61
cards
3.1 - Business growth Content
How to small firms survive 1,
What is the divorce of ownership ...,
What happens when there is a divo...
31
cards
3.2 - Business objectives Content
What are the 3 possible business ...,
Why do firms return to profit max...,
Why do firms maximise profits 3
12
cards
3.3 - Revenue, costs and profits Content
At what point does mr begin to de...,
Total revenue when price is const...,
Average and marginal revenue when...
24
cards
3.4 - Market structures Content
What is achieved at allocative ef...,
What is allocative efficiency 2,
What is allocative efficiency als...
176
cards
3.5 - Labour market Content
What is the demand for labour def...,
What are causes of a shift in lab...,
Why does demand for labour increa...
86
cards
3.6 - Government intervention Content
What are the aims of competition ...,
What does competition policy aim ...,
What are the main 3 pillars of uk...
53
cards
4.1 - International economics Content
What is globalisation 1,
Define interdependence 2,
How have economies integrated 3
227
cards
4.2 - Poverty and Inequality Content
What does the difference between ...,
What is absolute poverty 2,
What is relative poverty 3
32
cards
4.3 - Emerging and developing economies Content
What is economic development 1,
What is the difference between ec...,
What does the difference between ...
106
cards
4.4 - The Financial Sector Content
What is a financial market 1,
What are the key roles of financi...,
What regulations can be introduce...
86
cards
4.5 - Role of the state in the macroeconomy content
What are some examples of current...,
What are some examples of capital...,
Blank 3
89
cards
Tutor2u Glossary Theme 1
Behavioural economics 1,
Ceteris paribus 2,
Economic assumptions 3
188
cards
Tutor2u Glossary Theme 2
Big mac index 1,
Brics economies 2,
Constant prices 3
296
cards
Tutor2u Glossary Theme 3.1 Business Growth
Agency problem 1,
Barriers to entry 2,
Barriers to exit 3
44
cards
3.2 - Business objectives
Business ethics 1,
Competitive advantage 2,
Corporate governance 3
11
cards
3.3 - Revenues, costs and profits
Average revenue 1,
Break even output 2,
Consumer surplus 3
50
cards
3.4 - Market structures
Allocative efficiency 1,
Dynamic efficiency 2,
Pareto efficiency 3
79
cards
3.5 - Labour market
Derived demand 1,
Human capital 2,
Incentive scheme 3
60
cards
3.6 - Government intervention
Competition and markets authority...,
Competition policy 2,
Consumption tax 3
23
cards
4.1 - International Economics
Containerisation 1,
Deglobalisation 2,
Foreign direct investment 3
112
cards
4.2 - Poverty and inequality
Absolute poverty 1,
Deprivation 2,
Earnings 3
35
cards
4.3 - Emerging and developing economies
Advanced economies 1,
Aid 2,
Brics economies 3
89
cards
4.4 - The financial sector
Bank 1,
Bank assets 2,
Bank capital 3
59
cards
4.5 - Role of the state in the macro economy
Capital expenditure 1,
Current expenditure 2,
Crowding in 3
51
cards
Theme 1 Content
What is the definition of ppf pro...,
What does a ppf curve show and wh...,
Why is a ppf graph curved 3
148
cards
Theme 2 Content
What is economic growth decline 1,
How is economic growth measured 2,
What is national income 3
214
cards
Theme 3 Content
How to small firms survive 1,
What is the divorce of ownership ...,
What happens when there is a divo...
296
cards
Theme 4 Content
What is globalisation 1,
Define interdependence 2,
How have economies integrated 3
451
cards
Classic effects
Classic micro effects 15 1,
Classic macro effects 12 2
2
cards
Diagrams - PRODUCTION POSSIBILITY DIAGRAMS
Production possibility frontier m...,
Outward shift in production possi...,
Increase in production possibilit...
4
cards
SIMPLE MARKET DIAGRAMS
Demand curve 1,
Extension in demand 2,
Contraction in demand vs decrease...
28
cards
CONSUMER AND PRODUCER SURPLUS, AND TOTAL REVENUE
Consumer surplus 1,
Changes in consumer and producer ...,
Total revenue at the equilibrium ...
9
cards
MARKET INTERVENTIONS
Market diagram showing an excess ...,
Excess supply at 3 is 12000 6000 ...,
Excess demand in market with maxi...
13
cards
EXTERNALITY DIAGRAMS
Welfare loss in the market when t...,
Welfare loss in the market when t...,
Welfare loss in the market when t...
17
cards
LABOUR MARKETS
Marginal revenue product curve 1,
Labour market demand and supply i...,
Unemployment as a result of a min...
13
cards
COST AND REVENUE DIAGRAMS
Total revenue curve for a price t...,
Decrease in total revenue for a p...,
Marginal revenue mr curve for a p...
73
cards
FINANCIAL MARKETS DIAGRAMS
Money market equilibrium 1,
Alternative money market diagram 2,
Money market increase in demand f...
11
cards
AD AND AS DIAGRAMS
Decrease and increase in aggregat...,
Short run aggregate supply 2,
Increase in aggregate demand ad a...
22
cards
GENERAL MACRO DIAGRAMS
Phases in the economic cycle 1,
Impact of an increase in producti...,
Short run phillips curve 3
12
cards
TRADE-RELATED DIAGRAMS
Absolute advantage production pos...,
Absolute advantage production pos...,
Absolute advantage production pos...
13
cards
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A Level Economics - Edexcel
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