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Anonymous Star
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Decks in this class (16)
Topic 1 - The Economic Problem Micro
Basic economic problem,
Renewable resource,
Non renewable resource
10
cards
Topic 1 - What Is Economics Macro
Difference between microeconomics...,
Free market economy,
Advantages of a free market economy
4
cards
Topic 2 - Demand Micro
Demand,
Demand curve,
Why does the demand curve slope down
9
cards
Topic 2 - Objectives And GDP Macro
What is gdp,
Why is gdp a useful indicator,
Disadvantages of gdp as an indicator
7
cards
Topic 3 - Supply Micro
Supply,
Why,
Factors that cause supply curve t...
5
cards
Topic 3 - Circular Flow Of Income Macro
What is circular flow of income,
Injections and leakages,
Circular flow of income diagram
3
cards
Topic 4 - Equilibrium And Price Mechanism Micro
What is it called where supply an...,
Price mechanism,
How excess demand leads to rationing
3
cards
Topic 4 - More About Economic Growth Macro
Difference between real and nomin...,
Difference between gdp and gni,
How to calculate gdp
5
cards
Randoms
Substitutes,
Diminishing marginal utility,
Value vs volume
45
cards
Topic 5 - Inflation Macro
Difference between inflation and ...,
Difference between disinflation a...,
Basket of goods
6
cards
Topic 5 - Consumer And Producer Surplus Micro
Producer
1
cards
Topic 6 - Elasticity Of Demand
What is ped
1
cards
NEW ROUND
Demerges,
Mergers disadvantages to firms re...
2
cards
Here We Go Again..
Perfect competition,
Monopolistic,
Oligopoly
5
cards
Flashcards
Conflict trap,
Landlocked bad neighbours,
Education skill
12
cards
NON INTERVENTIONIST (MARKET ORIENTATED) STRATEGIES
Trade liberisation,
Promotion of fdi,
Floating exchange rate systems
18
cards
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Economics
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