Brainscape's Knowledge GenomeTM

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


See full index

EDEXCEL THEME 3 ECONOMICS

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

By: Caroline Harfield
Start Studying

Decks in this class (20)

CHAPTER 41 BUSINESS GROWTH
Backward vertical integration,
Conglomerate integration or merger,
Demerger
14  cards
CHAPTER 42 REVENUE
Average revenue,
Marginal revenue,
Total revenue
3  cards
CHAPTER 43 PRODUCTION
Average product,
Law of diminishing returns or var...,
Long run
8  cards
CHAPTER 44 COSTS
Average cost,
Average fixed cost,
Average variable cost
18  cards
CHAPTER 45 PROFIT
Abnormal profit,
Break even point,
Normal profit
3  cards
CHAPTER 46 MARKET STRUCTURE
Barriers to entry,
Barriers to exist,
Brand
18  cards
CHAPTER 47 PERFECT COMPETITION
Perfect competition,
Price taker
2  cards
CHAPTER 48 MOMOPLOLISTIC COMPETITION
Monopolistic competition
1  cards
CHAPTER 49 OLIGOPOLY
Cartel,
Collusion,
Collusive oligopoly
19  cards
CHAPTER 50 MONOPOLY
Monopolist,
Monopoly or pure monopoly,
Monopoly power
4  cards
CHAPTER 51 MONOPSONY
Monopsony
1  cards
CHAPTER 52 CONTESTABILITY
Contestable market,
Hit and run competition
2  cards
CHAPTER 53 BUSINESS OBJECTIVES
Consumer sovereignty,
Cost plus pricing,
Profit maximisation
6  cards
CHAPTER 54 EFFICIENCY
Allocative or economic efficiency,
Dynamic efficiency,
Productive efficiency
7  cards
CHAPTER 55 EVALUATING COMPETITION AND MONOPOLY
Creative destruction,
Multi plant monopolist
2  cards
CHAPTER 56 GOVERNMENT INTERVENTION AND PRODUCT MARKETS
Competitive tendering,
Contracting out,
Deregulation
6  cards
CHAPTER 57 DEMAND FOR LABOUR
Elasticity of demand for labour,
Marginal physical product,
Marginal revenue product
5  cards
CHAPTER 58 SUPPLY OF LABOUR
Activity or participation rates,
Economically active,
Net migration
6  cards
CHAPTER 59 WAGE DETERMINATION
Bilateral monopoly
1  cards
CHAPTER 60 GOVERNEMNT INTERVENTION IN LABOUR MARKETS
Minimum wage
1  cards

More about
EDEXCEL THEME 3 ECONOMICS

  • Class purpose General learning

Learn faster with Brainscape on your web, iPhone, or Android device. Study Caroline Harfield's EDEXCEL THEME 3 ECONOMICS flashcards for their New College Durham class 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?

Economics- Theme 3
  • 19 decks
  • 271 flashcards
  • 43 learners
Decks: 1 Business Growth, 2 Revenue, 3 Production, And more!
Edexcel A Economics Themes 3 and 4
  • 22 decks
  • 527 flashcards
  • 5 learners
Decks: Macro 13 Specialisation And Trade, Macro 14 Restrictions On Free Trade And, Macro 15 Exchange Rates, And more!
Economics A level Edexcel
  • 18 decks
  • 1058 flashcards
  • 416 learners
Decks: Economic Vocab, Y1 Macroeconomics, Y1 Microeconomics, And more!
Find Flashcards
Make Flashcards
Brainscape helps you reach your goals faster, through stronger study habits.
© 2024 Bold Learning Solutions. Terms and Conditions