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Lidzy Loo
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Decks in this class (21)
Money and Finance
Describe the problems of being se...,
Define barter and describe how th...,
What are the 3 problems of barter...
40
cards
Occupations and Earnings
Define wage rate 1,
List and describe the different w...,
Describe how a worker s earnings ...
27
cards
The Growth of Firms
What is capital employed 0,
In what ways can you measure and ...,
What is market share 2
19
cards
Competition
Why do firms compete 1,
What are the two types of competi...,
What are the two main types of ad...
31
cards
Government Economic Policy
Study the role and the objectives of the government in an economy, and how those objectives are achieved.
30
cards
Organisation of Production
What is an industrial sector or i...,
What is profit 2,
What organisations are there that...
16
cards
Social Costs and Benefits
Define private benefit 1,
Define external benefit 2,
Define positive externality 3
12
cards
Taxation
What are the different ways in wh...,
How may some taxes be avoided leg...,
How are taxes used 3
18
cards
Types of Business Organisation
Learn the different types of business organisation and describe the effects of changes in the structure of organisations.
34
cards
Price inflation
Define inflation 1,
Define hyperinflation 2,
Define consumer price index cpi o...
24
cards
The Role of Trade Unions
Define trade union 1,
List the functions of trade unions 2,
List and describe the four main t...
16
cards
Spending, saving and borrowing
Define disposable income 1,
Define consumer expenditure 2,
Define utility 3
24
cards
International Specialisation and Trade
What is globalisation 1,
Define international trade 2,
Define absolute advantage 3
17
cards
Balancing international payments
Define visible trade 1,
Define visible export 2,
Define visible import 3
31
cards
Employment and unemployment
What are the 5 key employment ind...,
Define labour force 2,
Define dependent population 3
25
cards
Output and Growth
Describe the relationship between...,
Define gross domestic product gdp 2,
Define gross value added gva 3
16
cards
Developed and less-developed economies
List the characteristics of a dev...,
List the characteristics of a les...,
List the characteristics of a rap...
15
cards
Population
Why is increasing population a ca...,
Define dependent population 2,
Define dependency ratio 3
17
cards
Economic systems
Define economic system 1
1
cards
How markets work
Define price mechanism 1,
Define demand 2,
Define supply 3
18
cards
The basic economic problem
What is the basic economic problem 1,
Define production 2,
Define factors of production 3
8
cards
More about
IGCSE Economics
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