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Economics A-Level

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

By: Aashika Neupane
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Decks in this class (6)

1.1 Nature of Economics (1.1.1 - 1.1.4)
What is economics,
What kind of science is economics,
Why do economists develop models
29  cards
1.1 Nature of Economics (1.1.5-1.1.7)
What do ppfs show,
What are the factors of production,
What happens to the ppf when ther...
31  cards
1.2 How markets work (1.2.1-1.2.2)
What does it mean to maximize uti...,
What is the objective of consumers,
What is the objective of firms
30  cards
1.2 How markets work (1.2.3-1.2.5)
What is price elasticity of demand,
What is the formula for ped,
When ped 1 what kind of demand is...
25  cards
1.2 How markets work (1.2.6 - 1.2.8)
What is supply,
What is an incentive,
When a firm s profits increases w...
27  cards
1.2 How markets work (1.2.9-1.2.10)
What is price,
What is the price mechanism,
What are the 3 functions of price...
13  cards

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Economics A-Level

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A Level Economics
  • 50 decks
  • 1987 flashcards
  • 1052 learners
Decks: Section 1 The Economic Problem, Section 2 Competitive Markets, Section 3 Business Economics, And more!
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