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Verity Russell
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Decks in this class (90)
Th1: Definitions 1
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16
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Th1: Definitions 2
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19
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Th1: Definitions 3
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18
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Th1: Definitions 4
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17
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Th1: Definitions 5
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9
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Th3: Definitions 1
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18
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Th3: Definitions 2
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18
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Th3: Definitions 3
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16
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Th3: Definitions 4
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18
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Th3: Definitions 5
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6
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Th1.1: The Economic Problem
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4
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Th1.1: Production Possibility Frontiers
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15
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Th1.1: Specialisation
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4
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Th1.1: Specialisation and DOL in Organising Production
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10
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Th1.1: Specialisation in Production of Goods and Services to Trade
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8
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Th1.1: Functions of Money
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5
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Th1.1: Free Market Economies
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19
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Th1.1: Command Economies
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17
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Th1.1: Mixed Economies
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5
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Th1.2: Rational Decision Making
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5
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Th1.2: Movements and Shifts of D curve
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6
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Th1.2: The Conditions of Demand
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9
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Th1.2: Diminishing Marginal Utility
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6
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Th1.2: Price, Income and XED
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17
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Th1.2: Factors influencing PED
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14
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Th1.2: Significance of PED
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17
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Th1.2: PED and Revenue
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3
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Th1.2: Income Elasticity of Demand (YED)
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11
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Th1.2: Cross Elasticity of Demand (XED)
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9
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Th1.2: Movements and Shifts of S Curve
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6
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Th1.2: Conditions of Supply
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9
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Th1.2: Supply Curve
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4
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Th1.2: PES
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18
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UNFINISHED Th1.2: Factors affecting PES
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1
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Th1.2: Price Determination
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4
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Th1.2: Excess Demand
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4
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Th1.2: Excess Supply
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3
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Th1.2: Price Mechanism
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4
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Th1.2: The Rationing Function
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2
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Th1.2: The Signalling Function
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4
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Th1.2: The Incentive Function
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5
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Th1.2: Price Mechanism in Local Markets
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1
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Th1.2: Price Mechanism in National Markets
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2
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Th1.2: Price Mechanism in Global Markets
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2
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Th1.2: Consumers and Producer Surplus
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14
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Th1.2: Shifts of Demand and Supply
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6
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Th1.2: Indirect Taxes
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7
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Th1.2: Impacts of a Tax
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9
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Th1.2: The Incidence of Tax
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6
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Th1.2: Subsidies
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4
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Th1.2: Influences of Other People
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4
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Th1.2: Influences of Habitual Behaviour
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4
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Th1.2: Consumer Weakness at Computation
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3
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Th1.3: Externalities
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6
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Th1.3: Under-provision of Public Goods
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3
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Th1.3: Information Gaps
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2
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Th1.3: Private, External and Social Costs and Benefits
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13
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Th1.3: Negative Production Externalities
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7
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Th1.3: Positive Consumption Externalities
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7
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Th1.3: Government Intervention
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6
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Th1.3: Public Goods
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4
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Th1.3: Free Rider Problem
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4
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Th1.3: Information Gaps 2
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11
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Th1.4: Indirect Taxation
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6
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Th1.4: Advantages of Indirect Taxation
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3
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Th1.4: Disadvantages of Indirect Taxation
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8
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Th1.4: Subsidies 2
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5
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Th1.4: Advantages of Subsidies
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3
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Th1.4: Disadvantages of Subsidies
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6
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Th1.4: Maximum and Minimum Prices
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2
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Th1.4: Maximum Prices
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6
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Th1.4: Minimum Prices
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5
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Th1.4: Advantages of Max and Min Prices
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4
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Th1.4: Disadvantages of Max and Min Prices
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5
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Th1.4: Buffer Stock Scheme
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7
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Th1.4: Tradable Pollution Permits
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6
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Th1.4: Advantages of Tradable Pollution Permits
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5
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Th1.4: Disadvantages of Tradable Pollution Permits
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4
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Th1.4: Advantages of State Provision of Public Goods
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5
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Th1.4: Disadvantages of State Provision of Public Goods
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6
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Th1.4: Advantages of Provision of Information
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4
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Th1.4: Disadvantages of Provision of Information
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6
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Th1.4: Regulation
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2
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Th1.4: Advantages of Regulation
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2
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Th1.4: Disadvantages of Regulation
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8
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Th1.4: Government Failure
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3
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Th1.4: Gov Failure: Distortion of Price Signals
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4
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Th1.4: Gov Failure: Unintended Consequences
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2
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Th1.4: Gov Failure: Excess Administration Costs
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3
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Th1.4: Gov Failure: Information Gaps
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3
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a level eco - micro 1
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