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

Decks in this class (18)

chapter 1
Scarcity definition,
Types of resources,
Resources definition
10  cards
chapter 2
Demand definition,
Law of diminishing utility,
Law of demand
50  cards
chapter 3A
Firm definition,
Plant factory definition,
Industry definition
30  cards
chapter 3B
Types of market structures,
Characteristics of perfect compet...,
Characteristics of monopolistic c...
20  cards
chapter 4
Market failure definition,
Sources of market failure,
Public goods definition
23  cards
chapter 5
National income,
Gross domestic product gdp,
Net fact
12  cards
chapter 6
Circular flow of national income,
Economic agents,
Circular flow equilibrium
16  cards
chapter 7
Sustainable growth,
Inclusive economic growth,
Economic growth definition
15  cards
chapter 8
Inflation definition,
Deflation definition,
Ty
13  cards
chapter 9
Unemployment definition,
Types of unemploymennt,
Frictional unemployment
15  cards
chapter 10
Balance of payments definition,
Credits definition,
Debit
12  cards
chapter 11
Monetary policies,
Aims of monetary policies,
Theory to analyse how interest ra...
20  cards
chapter 12
Fiscal policy definition,
Tools of fiscal policy,
Types of fiscal policy
6  cards
chapter 13
Types of supply side policies,
Market oriented supply side policies,
Interventionist supply side policies
4  cards
chapter 14
Conflicts of macroeconomic aims
1  cards
chapter 15
Globalisation definition,
Factors of globalisation,
Benefits of globalisation
11  cards
microecons summary
Microeconomics goals
1  cards
macroecons summary
Macroeconomic aims
1  cards

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economics

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