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

Decks in this class (11)

Business Growth- Theme 3
Reasons why some firms tend to grow,
What is the significance of the d...,
Who is the principal
31  cards
The Role Of The State In The Macroeconomy- Theme 4
What is capital expenditure,
What are the objectives of public...,
What is current expenditure
62  cards
The Financial Sector- Theme 4
Describe the role to facilitate s...,
Describe the role to lend to busi...,
Describe the role to facilitate t...
15  cards
Emerging And Developing Economies- Theme 4
What are the three dimensions of ...,
What are the limitations of using...,
What are the advantages of using ...
83  cards
Poverty And Inequality- Theme 4
What is absolute poverty,
What is relative poverty,
What is a measure of absolute pov...
13  cards
International Economics- Theme 4
What are the characteristics of g...,
Define foreign direct investment,
How does a fall in transport cost...
115  cards
Government Intervention- Theme 3
How does government intervention ...,
How does price regulation control...,
What is the price cap formula
23  cards
Labour Market- Theme 3
What factors influence the demand...,
Describe demand for labour as a d...,
What factors influence the supply...
27  cards
Market Structures- Theme 3
Define allocative efficiency,
Define productive efficiency,
Define dynamic efficiency
43  cards
Revenues, Costs And Profits- Theme 3
Formula to calculate total revenue,
Formula to calculate average revenue,
Formula to calculate marginal rev...
26  cards
Business Objectives - Theme 3
Define profit maximisation,
Give reasons for profit maximisation,
Define revenue maximisation
8  cards

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Economics Year 2

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