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a level economics

This class was created by Brainscape user Harry Cooksley. Visit their profile to learn more about the creator.

By: Harry Cooksley
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Decks in this class (15)

Theme 3
Total revenue,
Average revenue,
Marginal revenue
38  cards
1: Introduction to Markets
Certius paribus,
Positive statements,
Normative statements
73  cards
2: Market Failure
Market failure,
Complete market failure,
Partial market failure
62  cards
3.1: UK macroeconomy
Economic growth,
Gross domestic product gdp,
Gdp per capita
47  cards
3.2: UK macroeconomy
Aggregate demand,
Demand shock,
What is and what happens when the...
36  cards
3.3: UK macroeconomy
Aggregate supply,
Shifts in sras are caused by,
What does the sras curve show
15  cards
3.4: UK macroeconomy
Ciruclar flow of income,
Labour paid inland paid for in ca...,
What happens when the owner earns...
27  cards
3.5: UK macroeconomy
What do exports lead to,
What does long run economic growt...,
Long run economic growth cause by
15  cards
4: The UK Economy - Policies
Possible government objectives,
What do banks and other instituti...,
What is the impact of interest ra...
6  cards
5: Business Behaviour
Demergers,
Why do you demerge,
Impact of a demerge on the business
57  cards
6: Market structures
Productive efficiency,
Allocative efficiency,
Dynamic efficiency
92  cards
7.1: A Global Perspective: Globalisation and Trade
Globalisation,
Factor s contributing to globalis...,
Characteristics of globalisaltion
72  cards
7.2 A Global Perspective: Currency
Fixed exchange rate,
Floating exchnage rate,
Managed exchange rated
17  cards
8: Finance and inequality
Absolute poverty,
What does the world bank determin...,
Relative poverty
73  cards
9: Examples of Global Policy
Changes in interest rates and the...,
Interest rates and quantative eas...,
Advantages of quantative easing
11  cards

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a level economics

  • Class purpose General learning

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