Brainscape's Knowledge GenomeTM

Browse over 1 million classes created by top students, professors, publishers, and experts.


See full index

Edexcel iGCSE Economics - Paper 1

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

By: jasmin darrington
Start Studying

Decks in this class (12)

The economic problem
What is the basic economic problem,
Define opportunity cost,
What does a ppc ppf show
5  cards
Economic assumptions
What are the underlying assumptio...,
Why might consumers fail to maxim...,
Why might producers fail to maxim...
3  cards
Demand, supply and market equilibrium
Define demand,
What causes shifts in the demand ...,
Define supply
9  cards
Elasticity
What is the definition of price e...,
What is the ped formula,
How do you calculate ped using ch...
17  cards
The mixed economy
What is the definition of a mixed...,
What are the definitions of the p...,
What are the differences between ...
15  cards
Externalities
What are external costs,
What are some examples of externa...,
What are external benefits
6  cards
Production
What are the four factors of prod...,
What are the three main sectors o...,
How has the importance of the pri...
4  cards
Productivity and division of labour
What is the definition of product...,
What factors affect the productiv...,
What factors affect the productiv...
9  cards
Business costs, revenues and profit
What is the formula for total rev...,
What is the formula for total costs,
What is the formula for total fix...
15  cards
Business competition
What are the advantages of compet...,
What are the disadvantages of com...,
What are the advantages of large ...
16  cards
The Labour market
What factors affect the demand fo...,
What factors affect the supply of...,
Why is the quantity and quality o...
9  cards
Government intervention
What are the government policies ...,
What are the advantages and disad...,
What are the advantages and disad...
16  cards

More about
Edexcel iGCSE Economics - Paper 1

  • Class purpose General learning

Learn faster with Brainscape on your web, iPhone, or Android device. Study jasmin darrington's Edexcel iGCSE Economics - 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.

Learn more about spaced repetition

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?

biology paper 1
  • 34 decks
  • 578 flashcards
  • 68 learners
Decks: Biological Molecules Carbohydrates, Biological Molecules Lipids, Biological Molecules Proteins, And more!
Economics
  • 25 decks
  • 1413 flashcards
  • 1606 learners
Decks: Chapter 1 The Basic Economic Problem, Aggregate Demand And Supply, Chapter 3 Elasticity, And more!
Media PAPER 1
  • 47 decks
  • 1034 flashcards
  • 68 learners
Decks: Semiotics Roland Barthes, Late Night Womens Hour, Representation Terminology, And more!
HSC Economics
  • 39 decks
  • 1014 flashcards
  • 160 learners
Decks: Yr 11 Economic Growth Development, Yr 11 Globalisation Market Failures, Yr 11 Inequality Unemployment, And more!
Find Flashcards
Make Flashcards
Brainscape helps you reach your goals faster, through stronger study habits.
© 2025 Bold Learning Solutions. Terms and Conditions