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Jaya Toor
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Decks in this class (26)
Theme 1 - Nature of economics 1.1
What is meant by scarcity,
What is meant by resoures,
What is meant by opportunity cost
34
cards
Theme 1 - How markets work 1.2
When does maximisation occur,
What does it mean when someone is...,
How might economic agents be ques...
50
cards
Theme 1 - Elasticities of demand 1.2
What does ped mean,
What is the formula for ped,
If ped is perfectly elastic what ...
26
cards
Theme 1 - Market failure 1.3
What is an externality,
What are private costs,
What are social costs
22
cards
Theme 1 - Government intervention
What are 4 reasons why government...,
Why is reducing inequality in the...,
Why is supporting uk industry so ...
28
cards
Theme 2 - measures of economic performance
What is inflation,
What are the 2 principles to meas...,
How does cpi measure inflation
37
cards
Theme 2 - aggregate demand
Aggregate demand,
The formula for aggregate demand,
Why is the aggregate demand curve...
39
cards
Theme 2 - Aggregate supply
What is the definition of aggrega...,
What is the keynes interest rate ...,
What is the pigou s wealth effect
19
cards
Theme 2 - National income and injections/leakages
The circular flow of income,
Wealth,
Income
14
cards
Theme 2 - Economic growth
What needs to happen to the econo...,
How might land cause economic growth,
How might an increase in the size...
28
cards
Theme 2 - macroeconomic objectives and policies
What is the difference between mo...,
How is quantitative easing used,
How does a change in interest rat...
21
cards
Theme 3 - Business growth
What are 2 main reasons why firms...,
Why do firms prefer to grow,
What is the divorce of ownership ...
29
cards
Theme 3 - Revenues, costs, profits
What is the difference between to...,
What is meant by marginal revenue,
What is the marginal revenue formula
38
cards
Theme 3 - Market structures
What is productive efficiencies,
What is allocative efficiency,
What is x inefficiency
55
cards
Theme 3 - Labour market
What are the 6 factors affecting ...,
How do wage rates impact demand f...,
How does the demand for a product...
30
cards
Theme 3 - Government intervention
Why might controlling mergers be ...,
How does the government intervene...,
Give 3 benefits of controlling a ...
41
cards
Theme 4 - International economics
What is the difference between ab...,
How do we find the comparative ad...,
How do we find the comparative ad...
42
cards
Theme 4 - international economics pt2
What are the 5 main characteristi...,
What is meant by increased moveme...,
What is conglomerate integration
48
cards
Theme 4 - poverty and inequality
What does the world bank consider...,
How does the world bank define re...,
In the uk what is the percentage ...
20
cards
Theme 4 - Economic development
What is the human development index,
What are the 3 factors hdi measures,
What is the ihdi measure of econo...
54
cards
Theme 4 - The financial sector
What are 5 main roles of the fina...,
How to financial markets allow fo...,
How to financial markets allow fo...
21
cards
Theme 4 - Role of the state in the economy
What is the difference between cu...,
What are transfer payments,
What are the 5 reasons why the go...
43
cards
Economics theorists macro
Lewis model of industrialisation,
Dambisa moyo,
Douglas north
27
cards
Gaps in my knowledge - Macro
4 reasons why the ad diagram slop...,
What is the pigou wealth effect,
What is keynes ir effect
63
cards
Economics theorists Micro
Says law,
Adam smith invisible hand,
Karl marx capitalism
12
cards
Gaps in my knowledge - Micro
What are some advantages of speci...,
What are some disadvantages of sp...,
What is a medium of exchange as a...
28
cards
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Economics A level - Jaya
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- 39 decks
- 787 flashcards
- 72 learners
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