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

Decks in this class (16)

2 : Specialisation
What is specialisation,
What are some advantages of speci...,
What are some disadvantages of sp...
10  cards
4 : elasticity
What is elasticity,
What are the four types of elasti...,
What is the difference between el...
5  cards
5 : elasticity and its importants to businesses
What is a rectangular hyperbola,
What is the importance of price e...,
What is the formula for profit
5  cards
6 : income elasticity ( Mr William )
Define income elasticity,
What are luxury items and why are...,
What are necessities and why are ...
6  cards
7 : cross price elasticity of demand (not fin)
What is cross elasticity of demand,
What is the formula for xed,
3  cards
9 : price elasticity of supply
How to calculate price elasticity...,
What are the factors affecting pr...,
What are some significances of pes
4  cards
market failure ( mrs willliams )
What,
How do markets fail in allocating...,
What are the types of market share
12  cards
introduction to demand and supply(mrs williams)
What is a market,
What is demand,
What is a demand curve
13  cards
1A : management of resources
What are the two types of economics,
When deciding on allocation of re...,
Define consumption and production
11  cards
2A : survivel of small firms
What are some reasons for the sur...,
How is a company classed as a sme
2  cards
2B : stakeholders
What are stakeholders,
Who internal stake holders,
Who are external stakeholders
5  cards
2C : business plans
What is a business plan,
Why do businesses use a business ...,
What is the importance of a busin...
8  cards
17A : changes to working practices
Define flexible working,
What are core workers,
What are periphery workers
7  cards
16C : what does the human resources department do
What does the human departure do
1  cards
equilibrium (mrs)
What is the equilibrium,
What access supply,
What is access demand
4  cards
10 : labour markets & how wage determination
What is the demand for labour,
Define labour demand,
What are some factors that influe...
4  cards

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economics

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