Theme 4 Econ: A global perspective

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Decks in this class (29)

4.1 INTERNATIONAL ECONOMICS
0  cards
4.1.1 Globalisation
Globalisation 1,
Characteristics of globalisation 2,
Factors contributing to globalisa...
10  cards
4.1.2 Specialisation And Trade
Absolute advantage 1,
Comparative advantage 2,
Comparative advantage assumptions...
5  cards
4.1.3 Pattern Of Trade
Pattern of trade context 1,
Factors influencing the pattern o...,
Comparative advantage influencing...
6  cards
4.1.4 Terms Of Trade
Terms of trade as a measurement 1,
Movement in the terms of trade 2,
Calculation of terms of trade 3
5  cards
4.1.5 Trading Blocs And The World Trade Organisation (WTO)
Trading blocs regional trade agre...,
Types of trading blocs 2,
Free trade areas fta 3
23  cards
4.1.6 Restrictions On Free Trade
Reason for restrictions on free t...,
Infant industry argument 2,
Job protection 3
16  cards
4.1.7 Balance Of Payments
Components of the balance of paym...,
Balance of payments 2,
The current account 3
19  cards
4.1.8 Exchange Rates
Exchange rates 1,
Exchange rate systems 2,
Floating system 3
16  cards
4.1.9 International Competitiveness
International competitiveness 1,
Measures of international competi...,
Relative unit labour costs 3
12  cards
4.2 POVERTY AND INEQUALITY
0  cards
4.2.1 Absolute and relative poverty
Absolute poverty 1,
Relative poverty 2,
Poverty line and trap 3
10  cards
4.2.2 Inequality
Wealth inequality 1,
Income inequality 2,
Measurements of income inequality 3
13  cards
4.3 EMERGING AND DEVELOPING ECONOMIES
0  cards
4.3.1 Measures of Development
Growth vs development 1,
Human development index hdi and i...,
Advantages of hdi 3
8  cards
4.3.2 Factors influencing growth and developement
Impact of economics factors in di...,
Primary product dependency ppd 2,
Volatility of commodity prices 3
18  cards
4.3.3 Strategies influencing growth and development
Rostows model of development 1,
The millenium development 2,
A market orientated strategies 3
56  cards
4.4 THE FINANCIAL SECTOR
0  cards
4.4.1 Role of financial markets
Financial markets and their objec...,
Roles of financial markets 2,
Facilitate savings 3
8  cards
4.4.2 Market failure in the financial sector
Market failure in the financial s...,
Asymmetric information 2,
Externalities 3
6  cards
4.4.3 Role of central banks
Roles of the central bank 1,
Monetary policy 2,
Banker to the government 3
7  cards
4.5 ROLE OF THE STATE IN THE MACROECONOMY
0  cards
4.5.1 Public Expenditure
Public expenditure 1,
Types of expenditure 2,
Capital government expenditure 3
9  cards
4.5.2 Taxation
Tax 1,
Progressive tax 2,
Regressive tax 3
12  cards
4.5.3 Public sector finances
Automatic stabilisers 1,
Discretionary fiscal policy govt ...,
Fiscal deficit vs national debt 3
3  cards
4.5.4 Macroeconomic policies in a global context
Use of policies 1,
Macroeconomic policies 2,
International competitiveness 3
6  cards
Trading Blocs and Globalisation Quizizz
Benfits of globalisation 1,
Role of multinational corporation...,
Free trade area fta 3
18  cards
Constraints To Development
Primary product dependency 1,
Primary product dependency as a c...,
Primary product dependency constr...
38  cards
UK Context (25 Marker)
Uk base rate 1,
Interest rates since 2007 2,
Current rate of uk inflation 3
8  cards

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Theme 4 Econ: A global perspective

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