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Decks in this class (16)
1.1
Explain the economic problem 3 1,
What is the purpose of economic a...,
What are renewable and non renewa...
23
cards
2.1
What is an entrepreneur 2 1,
Explain creative destruction 2 2,
What is innovation 3
10
cards
1.2
List the objectives of businesses...,
Explain profit maximisation 2 2,
Explain sales maximisation 3
10
cards
1.3
Blank 1,
List internal stakeholders 2 2,
List external stakeholders 5 3
23
cards
2.2
Explain the financial method of e...,
List the non financial motivators...,
Explain the entrepreneurial motiv...
6
cards
2.3
Explain land as a factor of produ...,
Explain labour as a factor of pro...,
Explain capital as a factor of pr...
3
cards
2.4
Explain exchange 2 1,
Explain division of labour 2,
List the benefits of division of ...
13
cards
2.5
List for three reasons why busine...,
Explain interest 2,
Explain working capital 2 3
26
cards
3.1
Explain demand what does effectiv...,
What does customer sovereignty su...,
Spending choice has a blank becau...
10
cards
3.2
Explain supply 1,
What does market supply refer to 2,
Explain producer objectives 3
15
cards
3.5
What does starting a business lau...,
List three examples of significan...,
Explain market research 2 3
38
cards
4.1
What do banks do with people and ...,
Why is lending risky how can bank...,
Explain providing credit 3 3
11
cards
3.6
What does market positioning mean 1,
What does repositioning mean 2,
What is a market map 4 3
9
cards
4.2
Explain spreading risk 2 1,
What do financial intermediaries ...,
Explain evaluating risk how do th...
16
cards
3.3
What does a profitable price do 1,
What sets the market price 2,
What do the demand and supply cur...
24
cards
3.4
What is a price mechanism 2 1,
What does the price mechanism show 2,
What does the allocation of resou...
19
cards
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A Level Economics THEME 1
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A Level Economics
- 50 decks
- 1987 flashcards
- 1319 learners
Decks:
Section 1 The Economic Problem, Section 2 Competitive Markets, Section 3 Business Economics, And more!
