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Edexcel B A Level Economics

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

By: Zakia Nawis
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Decks in this class (17)

1.1: Scarcity, choice and potential conflicts
Scarcity 1,
Free market economy 2,
Opportunity cost 3
31  cards
1.2: Enterprise, business and the economy
Creative destruction 1,
Entrepreneur 2,
Added value 3
45  cards
1.5 Market failure and govt intervention
What is market failure 1,
What does non rival mean 2,
What does non excludable mean 3
42  cards
1.3: Introducing the market - the price mechanism
Market 1,
Buyers 2,
Sellers 3
47  cards
1.4: The role of credit in the economy
Banks 1,
Interest payments 2,
Working capital 3
53  cards
2.1: Businesses & growth
Why would a business want to grow 1,
Describe economies of scale 2,
When do internal economies of sca...
52  cards
2.4: Life in a global economy
What is globalisation 1,
What is fdi 2,
Describe the role of increasing f...
40  cards
1.3: Markets, consumers and competition
What is market research 1,
Why do businesses need market res...,
What does market research do 3
44  cards
1.6 Revenue, costs, profits and cash
Sales revenue calculation 1,
Average cost calculation 2,
Sales volume 3
33  cards
2.3 Productive efficiency
Productivity 1,
Labour productivity equation 2,
Production vs productivity 3
49  cards
2.5 The economic cycle
What does the economic cycle desc...,
What is a boom in the economic cy...,
What is a downturn in the economi...
16  cards
3.1: Globalisation
How can expansionary monetary pol...,
Why hasn t the govt enforced expa...,
How can expansionary fiscal polic...
8  cards
3.2: Economic factors in business expansion
0  cards
3.3: Impact of globalisation on global economies
0  cards
3.4: Impact of globalisation on global and national economies
0  cards
3.5: Global labour markets
0  cards
3.6: Inequality and redistribution
0  cards

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Edexcel B A Level Economics

  • Class purpose General learning

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