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Muneeb Ur Rehman
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Decks in this class (29)
MicroEconomics
0
cards
1.1|1 Types Of Economies
What are the three types of econo...,
What is a free market economy 2,
What is a mixed economy 3
6
cards
1.1|2 Demand
What is demand 1,
What is individual demand 1,
What is market demand 2
14
cards
1.1|3 Supply
What is supply 1,
How does cost of production affec...,
What are the factors that affect ...
5
cards
1.1|4 Demand And Supply: Equilibrium
What is market equilibrium 1,
What is allocatively efficiency 2,
What is total welfare 3
5
cards
1.1|5 Functions of the Price Mechanism
What is the price mechanism 1,
What are the main three functions...,
What does signalling in the price...
11
cards
1.2|1 Price Elasticity Of Demand (PED)
What is elasticity 1,
How is ped calculated 2,
What are the factors that affect ...
12
cards
1.2|2 Income Elasticity of Demand (YED)
What is income elasticity of dema...,
What is the formula for yed 2,
What will the yed be for a normal...
7
cards
1.2|3 Cross-Price Elasticity of Demand (XED)
What is the cross price elasticit...,
How is xed calculated 2,
What is a substitute good 3
9
cards
1.2|4 Price Elasticity of Supply (PES)
What is the price elasticity of s...,
What is the formula for pes 2,
What is the short run 3
10
cards
1.2|5 Consumer & Producer Surplus
What is consumer surplus 1,
What is producer surplus 2,
How is consumer surplus shown on ...
4
cards
1.2|6 Indirect Taxation
What is an indirect tax 1,
What are the two main types of in...,
What is specific tax 3
9
cards
1.2|7 Subsidies
What is a subsidy 1,
How are subsidies paid 2,
What is the affect of subsidies o...
6
cards
MacroEconomics
0
cards
2.1|1 Positive And Normative Statements
What is a positive statement 1,
What is the special quality of a ...,
What is a normative statement 3
5
cards
2.1|2 The Economic Problem
What are the factors of production 1,
What is land in the fop 2,
What is labour in the fop 3
9
cards
2.1|3 Opportunity Cost
What is opportunity cost 1,
What are economic goods 2,
What are free goods 3
3
cards
2.1|4 Production Possibility Frontiers
What is a production possibility ...,
What is an example of ppf seen co...,
What are consumer goods 3
16
cards
2.1|5 Specialisation And Division Of Labour
What is specialisation 1,
What is division of labour 2,
What is production 3
6
cards
2.2|1 The Circular Flow Of Income
What is the circular flow of inco...,
What does a closed economy look l...,
What does an open economy look li...
4
cards
2.2|2 Income And Wealth
What is income 1,
What is wealth 2,
What is the flow concept 3
6
cards
2.2|3 The Multiplier Effect
What is the multiplier effect 1,
What does a positive multiplier m...,
What does a negative multiplier m...
11
cards
2.2|4 UK Macroeconomic Objectives
What are the main 4 macroeconomic...,
What are the 3 other macroeconomi...,
What is 1 high economic growth 3
13
cards
2.3|1 Inflation
What are the two measure of infla...,
What is the main difference betwe...,
How to calculate and index number 3
6
cards
2.3|2 Unemployment and Employment
How is employment defined 1,
How is unemployment defined 2,
How is economically inactive defi...
13
cards
2.1|12 Trade
What is the balance of payments 1,
What is the bop made of 2,
What is foreign direct investment 3
13
cards
Spare capacity
What is spare capacity 1,
What is the meaning of spare capa...,
What does spare capacity mean for...
7
cards
BM3 externalities
What are private costs 1,
What is s in these diagram 2,
What is d in these diagram 3
22
cards
Market failure causes
What is market failure 1,
How do ve ve externalities cause ...,
How do de merit merit goods cause...
8
cards
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A-Level AQA Economics
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A Level Economics (AQA)
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