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(Sherry) 书恬 雷
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Decks in this class (28)
BASIC Macroeconomics IDEAS
Current spending,
Capital spending,
Transfer spending
10
cards
AD + AS
Aggregate demand,
Aggregate supply,
Long run aggregate supply
18
cards
Inflation
Inflation,
Effect of rise in vat on inflation,
Effect of exchange rate on inflation
14
cards
Economic systems
Economic systems,
Market economy,
Centrally planned economy
10
cards
Exchange rate
Nominal exchange rate,
Trade weighted exchange rate,
Real exchange rate
12
cards
Principles of Absolute and Comparative Advantage
Absolute advantage,
Absolute advantage assumptions,
Benefits of absolute advantage
8
cards
Protectionism
Protectionism definition,
Types of protectionism,
Tariff definition
20
cards
Balance of Payments
Balance of payments definition,
Balance of payments consists of,
The current account consists of
30
cards
Macroeconomic Policies
Demand side policies,
Supply side policies,
Fiscal policy
15
cards
BASIC Microeconomics IDEAS
Factors of production,
Resources,
Economic problem
26
cards
Demand + Supply
Latent demand,
Effective demand,
Demand
14
cards
Equilibrium
Equilibrium,
Disequilibrium,
Excess supply
4
cards
Interrelated Markets
Complements joint demand definition,
Complement joint demand examples,
Substitutes competitive alternate...
10
cards
Consumer and Producer Surplus
Consumer surplus,
Producer surplus
2
cards
PPC
Opportunity cost,
Free good,
Economic good
7
cards
PED
Price elasticity of demand,
Elastic ped,
What do the firms do if they have...
21
cards
PES
Price elasticity of supply pes,
Elastic pes,
Any pes curve coming out of the y...
18
cards
YED
Income elasticity of demand yed,
Negative yed values,
Positive yed values
12
cards
XED
Cross price elasticity of demand xed,
Negative xed values,
Positive xed values
7
cards
Economic Integration
Economic integration definition,
List the types of economic integr...,
Free trade area
15
cards
Money
Money,
Barter,
Liquidity
14
cards
Specialisation and the division of labour
Specialisation,
Division of labour,
Worker specialisation
7
cards
Statements/trade
Positive statement,
Normative statement,
Absolute advantage
5
cards
Max and Min Price
Maximum price definition,
Maximum price facts,
Advantages of maximum price
14
cards
Taxes and Subsidies
Canons of taxation the criteria f...,
Direct taxes,
Progressive tax
23
cards
Transfer Payments and Direct Provision
Transfer payments,
Examples of transfer payments,
Purpose of transfer payments
12
cards
Privatisation and Nationalisation
Privatisation,
Privatisation advantages,
Privatisation disadvantages
6
cards
Jamey paper 2 mistakes
Explain why mexican producers mig...,
Consider how an economist would d...,
Consider who if anybody in the us...
8
cards
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AS-Economics
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