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By:
Josh Brown
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Decks in this class (23)
Intodruction To Econmoics
What is a positive statement,
What is a normative statement,
What is opportunity cost
35
cards
3.3
Financial economics,
Risk bearing economics,
Managerial economics
27
cards
Macroeconomic Objectives ✅
Macroeconomic objectives,
Demand side policy,
How does decreasing interest rate...
23
cards
National Income
Wealth,
Income,
Circular flow of income
21
cards
AD and AS
Characteristics of ad,
Why is the ad curve downwards slo...,
Consumption
19
cards
Goverment Intervention -T1
Advantages of indirect taxes to c...,
Disadvantages of indirect taxes t...,
Why are indirect taxes applied
24
cards
Market Failure - T1
When does market failure occur,
What are externalities,
Where do external costs occur
18
cards
How Markets Work - T1
What does rational decision makin...,
Why is the demand curve downwards...,
Factors effecting demand
24
cards
Measures Of Economic Performance ✅
Comparison of growth rates why th...,
Use of ppp,
Exam q limitations of using gdp t...
33
cards
Rational Decsion Making - T1
What is economic welfare,
What is utility,
What is effective demand
17
cards
3.4
Allocative efficiency,
Productive efficiency,
Dynamic efficiency
47
cards
3.5
Demand for labour,
Factors influencing the demand fo...,
What is the labour supply
25
cards
3.6 Government Intervention
Impacts of price capping,
Reasons for government interventi...,
What may government do instead of...
29
cards
4.1
Globalisation,
Characteristics of globalisation,
What effect does world gdp increa...
21
cards
3.1
Why firms grow,
Why firms do not grow,
Priciple agent problem
20
cards
4.2 Inequality
Absolute poverty,
Relative poverty,
What is the poverty trap
11
cards
4.3 (Paper 3)
Market orientated strategy,
Trade liberalisation,
Promotion of fdi
25
cards
4.4
0
cards
Exam Technique / Evaluation / Statistics
Possible ideas to evaluate with,
Example of a country that relies ...,
Example of a country that is unequal
22
cards
econplusdal - Micro
Definition and conditions necessa...,
Cons of price discrimination,
Pros of price discrimination
43
cards
econplusdal macro
Economic growth definition,
Factors that would shift ad to th...,
Why lras shifts
23
cards
Paper 2
What occurs in a financial market,
Role of the financial market,
Impacts of a tax change
26
cards
paper 3
Theory of comparative advantage,
Absolute advantage definition,
Comparative advantage
21
cards
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Gary Economics
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economics
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Decks:
Perfect Competition Imperfectly Competit, Labour Market, Monetary Policy, And more!
