This class was created by Brainscape user Oliver Stickley. Visit their profile to learn more about the creator.
By:
Oliver Stickley
- decks
- flashcards
- learners
Decks in this class (14)
4.1.1 Economic methodology and the economic problem
What is the significance of econo...,
What is a positive statement,
What is a normative statement
21
cards
4.1.2 Individual Economic Decison Making
What is utility theory,
What is marginal utility,
What is the law of diminishing ut...
8
cards
4.1.3 Price Determination
What is a market,
What is demand,
What are the determinants demand
49
cards
4.1.4 Production Costs And Revenues
What is the process of production,
What are the inputs in production,
What is productivity
68
cards
4.1.5 Perfect competition, imperfectly competitive markets and monopoly
What do we assume is the normal k...,
At what quantity is profit maximised,
How is snp calculated on a monopo...
90
cards
4.1.6 The labour market
0
cards
4.1.7 The distribution of income and wealth: poverty and inequality
What is income,
What is wealth,
What is the difference between in...
15
cards
4.1.8 The market mechanism, market failure and government intervention in markets
What is the purpose of price mech...,
What functions does price mechani...,
How does the rationing mechanism ...
44
cards
4.2.1 The measurement of macroeconomic performance
What are the main objectives of g...,
What can happen at least in the s...,
What is short run growth also kno...
30
cards
4.2.2 Macroeconomic Theory
What does national income measure,
What is the difference between no...,
What is real national income an i...
73
cards
4.2.3 Economic Performance
What is the difference between sh...,
What is the potential output of a...,
What is economic growth
92
cards
4.2.4 Financial markets and monetary policy
0
cards
4.2.5 Fiscal policy and supply-side policies
What is fiscal policy
1
cards
4.2.6 The International Economy (excl. 4.2.6.1 Globalisation, end of 4.2.6.2/4.2.6.3/4.2.6.4)
What is comparative advantage,
What is absolute advantage,
What can countries do where they ...
68
cards
More about
Economics
- Class purpose General learning
Learn faster with Brainscape on your web, iPhone, or Android device. Study Oliver Stickley's Economics flashcards now!
How studying works.
Brainscape's adaptive web mobile flashcards system will drill you on your weaknesses, using a pattern guaranteed to help you learn more in less time.
Add your own flashcards.
Either request "Edit" access from the author, or make a copy of the class to edit as your own. And you can always create a totally new class of your own too!
What's Brainscape anyway?
Brainscape is a digital flashcards platform where you can find, create, share, and study any subject on the planet.
We use an adaptive study algorithm that is proven to help you learn faster and remember longer....
Looking for something else?
Microeconomics
- 19 decks
- 666 flashcards
- 942 learners
Decks:
Economic Methodology Scarcity Choice And, Producer Surplus, Intro To Supply And Demand, And more!
Economics
- 25 decks
- 1413 flashcards
- 1523 learners
Decks:
Chapter 1 The Basic Economic Problem, Aggregate Demand And Supply, Chapter 3 Elasticity, And more!
