This class was created by Brainscape user Sof5 A. Visit their profile to learn more about the creator.
By:
Sof5 A
- decks
- flashcards
- learners
Decks in this class (10)
1.1 Main Economics Groups + Factors of Production
What are the 3 main economic groups,
What is a service,
What are the 3 main economic groups
15
cards
1.2 The Basic Economic Problem
What is the basic economic problem,
What is meant by unlimited wants,
What is meant by scarce resources
14
cards
2.1 The Role of Markets
What is a market,
What is a market economy,
What is the primary sector give s...
21
cards
2.2 Demand
What is meant by demand,
What is derived demand give an ex...,
What is the law of demand
31
cards
2.3 Supply
What is supply,
What is the law of supply,
Why does the supply curve slope u...
26
cards
2.4 Price
What does price mean,
How is price a reflection of worth,
What are the three functions of p...
16
cards
2.5 Competition
Ej,
What is meant by competition,
What is price competition
18
cards
2.6 Production
What three groups can be producers,
What is the role of producers,
How can individuals be producers ...
36
cards
2.7 The Labour Market
What is the labour market,
What is the role of the labour ma...,
What three main labour markets exist
17
cards
2.8 The Role of Money and Financial Markets
What is money,
What does money consist of,
What is not considered to be mone...
33
cards
More about
Economics OCR GCSE Paper 1
- Class purpose General learning
Learn faster with Brainscape on your web, iPhone, or Android device. Study Sof5 A's Economics OCR GCSE Paper 1 flashcards now!
How studying works.
Brainscape's adaptive web mobile flashcards system will drill you on your weaknesses, using a pattern guaranteed to help you learn more in less time.
Add your own flashcards.
Either request "Edit" access from the author, or make a copy of the class to edit as your own. And you can always create a totally new class of your own too!
What's Brainscape anyway?
Brainscape is a digital flashcards platform where you can find, create, share, and study any subject on the planet.
We use an adaptive study algorithm that is proven to help you learn faster and remember longer....
Looking for something else?
GCSE Geography - AQA
- 15 decks
- 952 flashcards
- 7,355 learners
Decks:
Challenge Of Natural Hazards Paper 1, Physical Landscapes In The Uk Optional R, Physical Landscapes In The Uk Optional C, And more!
GCSE Religious Studies - Edexcel Route B
- 7 decks
- 630 flashcards
- 1,220 learners
Decks:
Skills Content, Christian Beliefs Content, Marriage And The Family Content, And more!
Economics OCR GCSE Paper 1
- 2 decks
- 31 flashcards
- 193 learners
Decks:
Paper 1 Key Terms, Test, And more!
GCSE OCR Economics
- 12 decks
- 109 flashcards
- 28 learners
Decks:
31 Economic Growth, 32 Low Unemployemnt, 33 Fair Distribution Of Income, And more!
