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A-Level Economics : Microeconomics

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

By: sihaam Unknown
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Decks in this class (7)

Chapter 1 : Economic methodology and the economic problem
What is a hypothesis 1,
What is a theory 2,
What is a normative statement 3
27  cards
Chapter 7 : The distribution of income wealth : poverty and inequality
What is income 1,
What is wealth 2,
What is ftse100 3
32  cards
Chapter 2 : Individual economic decision making
What is utility 1,
What is marginal utility 2,
What is the hypothesis of diminis...
19  cards
Chapter 3 : Price determination in a competitive market
What is price elasticity of demand 1,
What is the formula for ped 2,
What does it mean when the price ...
27  cards
Chapter 4 : Production, costs and revenue
0  cards
Chapter 5 : Perfect competition, imperfectly competitive markets and monopoly
What is a monopoly 1,
What assumptions do economists ma...,
What is a pure monopoly 3
6  cards
Chapter 6 : The labour market
0  cards

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A-Level Economics : Microeconomics

  • Class purpose General learning

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