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James Rudd
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Decks in this class (21)
Contestable Markets
What is a contestable market,
What are some characteristics of ...,
What are sunk costs
8
cards
Oligopoly
What are the characteristics of a...,
What is an oligopoly,
What is strategic interdependence
13
cards
Market Efficiencies
What are the 4 different types of...,
What is the definition of allocat...,
What is productive efficiency
16
cards
Monopolies
What is a pure monopoly and give ...,
What is a working monopoly and gi...,
How can monopoly powers grow
8
cards
Distribution Of Wealth And Income
What is income,
What is wealth,
What are the reasons for differen...
14
cards
Employment And Unemployment
What are the 2 different methods ...,
What is the claimant count,
What is the international labour ...
12
cards
Globalisation
What is globalisation,
What are the factors that contrib...,
How do trade in goods contribute ...
13
cards
Trade
What is an absolute advantage,
What is a comparative advantage,
What is free trade
15
cards
Determinants Of SRAS and LRAS
What factors can affect short run...,
What are the determinants of long...,
How does technological advances e...
8
cards
Exchange Rate Systems
What is an exchange rate,
What are the 2 types of exchange ...,
What is a floating exchange rate ...
9
cards
Inflation
What is inflation,
What is deflation,
What is disinflation
9
cards
Public Ownership, Privitisation, Regulation And Deregulation Of Markets
What is nationalisation,
What are the negatives of nationa...,
What are the positives of nationa...
9
cards
Consumer Behaviour 2.1
What is the definition of utility,
What is the definition of margina...,
What is the law of diminishing ma...
7
cards
Imperfect Information 2.2
What is the definition of symmetr...,
What is imperfect information,
What is asymmetric information
5
cards
Aspects Of Behavioural Economic Theory 2.3
What is meant by bounded rational...,
What is the administrative man bo...,
What are social norms
7
cards
Behavioural Economics And Economic Policy 2.4
What is choice architecture,
What is framing,
What is nudging
7
cards
The Determinants Of The Demand For Goods And Services 3.1
What is demand,
What factors can shift the demand...,
How does population shift the dem...
9
cards
Price, Income And Cross Elasticities Of Demand 3.2
What is price elasticity of demand,
What is the formula for price ela...,
What factors affect price elastic...
19
cards
The Determinants Of The Supply Of Goods And Services In A Market 3.3
What is the definition of supply,
Why is the supply curve upward sl...,
What factors affect the supply cu...
3
cards
The Interrelationship Between Markets 3.6
What are the 3 different types of...,
What are the types of supply,
What is derived demand
6
cards
Specilisation, Division Of Labour Exchange 4.1
What is specialisation,
What are the advantages of specia...,
What are the disadvantages of spe...
6
cards
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Economics
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