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Pearson Edexel InterNational AS/A Level Economics Student Book 1

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By: Unknown Unknown
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Decks in this class (17)

Chapter 1 - Economics As A Social Science
Define disposable income,
Define good,
Define normative statements
6  cards
Chapter 2 - The Economic Problem
Define economic goods,
Define free goods,
Define opportunity cost
14  cards
Chapter 3 - Production Possibility Frontiers
Define capital goods,
Define consumer goods,
Define production possibility fro...
3  cards
Chapter 4 - Specialisation and the Division of Labour
Define barter,
Define division of labour,
Define liquidity
16  cards
Chapter 5 - Types of Economy
Define command economy,
Define economic system,
Define free market economy
5  cards
Chapter 6 - Rational Decision Making
Define behavioural economics,
Define default,
Define utility
4  cards
Half-Term Exam
0  cards
Chapter 7 - Demand
Define consumer surplus,
Define demand curve,
Define extension of demand
9  cards
Chapter 10 - Supply And Price Elasticity Of Supply
Define price elasticity of supply,
Define producer surplus,
Define supply
5  cards
Chapter 11 - Market Equilibrium
Define equilibrium price,
Define excess demand,
Define excess supply
5  cards
Functions Of The Price Mechanism
Incentive function,
Rationing function,
Signalling function
3  cards
Chapter 13 - Indirect Taxes And Subsidies
Ad valorem tax,
Incidence of tax,
Specific or unit tax
4  cards
Chapter 27 - Characteristics Of Aggregate Demand
Another name for aggregate demand,
How to calculate national expendi...,
What does c stand for
9  cards
Chapter 28 - Consumption
What influences consumption,
How to calculate the marginal pro...,
Disposable income
7  cards
Chapter 29 - Investment
Variable affecting investment,
Gross investment,
Investment
6  cards
Chapter 30 - Government Expenditure And Net Trade
Fiscal deficit,
Fiscal surplus,
Fiscal policy
6  cards
Chapter 35 - Economic Growth
Factors which cause economic growth,
Actual growth,
Potential growth
9  cards

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Pearson Edexel InterNational AS/A Level Economics Student Book 1

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