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Economics Content

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

By: Lois fish
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Decks in this class (13)

Theme 2- Balance Of Payments
What is the current account,
Wha is the financial account,
What is the capital account
14  cards
Theme 2 - Economic Growth
Items included in the gdp calcula...,
What are real and nominal figures...,
What is long run and short run ec...
19  cards
Theme 1 - Market Mechanism
Price mechanism,
Rational behaviour of economic ag...,
Alternative views of consumer beh...
7  cards
Theme 1 - Government Intervention To Stop Market Failure
Government failure,
Taxation indirect tax excise tax,
Specific tax
27  cards
Theme 1 - Scarcity & Choices
What is microeconomics,
What is a positive and a negative...,
What are the assumptions about th...
22  cards
Theme 1 - Demand And Supply
What is demand,
What is the market demand curve,
What is a market
36  cards
Theme 1 - elasticity
What is elasticity,
What is price elasticity of demand,
What is the difference between pr...
19  cards
Theme 1 - Market Failure
When does market failure occur,
What is marginal social cost,
What is marginal social benefit
27  cards
Theme 2 - Aggregate Demand
What is aggregate demand,
What are the 4 components of ad,
What is the relative importance o...
11  cards
Theme 2 - Macroeconomic Objective And Policies
What are the 7 macroeconomic obje...,
What are macroeconomic policy ins...,
What are the macro policies avail...
22  cards
Theme 2 - Aggregate Supply
What is aggregate supply,
What is short run,
What is long run
8  cards
Theme 2 - Unemployment
What are the 3 categories of unem...,
Benefits of high levels of employ...,
Problems with high levels of unem...
23  cards
Theme 2 - Inflation
What is inflation,
How is rate of inflation measured,
Why would the individual economic...
19  cards

More about
Economics Content

  • Class purpose General learning

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