Chain of Reasoning for Different Questions Economics

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Decks in this class (28)

Evaluate the likely macroeconomic consequences of a significant fall in global oil prices
Kaa1 points 1,
Eval 1 2,
Kaa2 3
4  cards
Effect of inflation on the Macroeconomy (Paper 2/3)
Kaa points 1 1,
Eval points 1 2,
Kaa points 2 3
4  cards
Effect of inflation on microeconomy
Kaa1 1,
Eval 2
2  cards
Affect of depreciation on macroeconomy (Paper 2/3)
Kaa1 1,
Eval 1 2,
Kaa2 3
4  cards
Macroeconomic effect of unemployment is in the "Application deck" you wallad
Blank 1
1  cards
Affect of a decrease in interest rates on macroeconomy
Kaa1 1,
Eval 1 2,
Kaa2 3
4  cards
Macroeconomic effect of unemployment
Kaa1 1,
Eval 1 2,
Kaa2 3
4  cards
Impact of high fiscal deficit/national debt
Kaa1 ves 1,
Eval 1 2,
Kaa2 3
4  cards
Government intervention to reduce carbon emissions
0  cards
Micro and Macro Methods to Increase International Competitiveness (Paper 3)
Definition of international compe...,
Kaa1 macro focused 2,
Eval 1 macro 3
4  cards
Evaluate the likely micreconommic effects of a monopsony operating in a labour market like the supermarket industry
Kaa1 1,
Eval1 2,
Kaa2 3
4  cards
Evaluate the likely microeconomic effects of an indirect tax
Kaa1 1,
Eval1 2,
Kaa2 3
4  cards
Explain whether monopolies are efficient or not
Kaa1 1,
Eval1 2,
Kaa2 3
4  cards
Evaluate the effect of an indirect tax to reduce consumption of demerit good (Reduce -ve consumption externality in Sugary Drinks,Alcohol,Vapes)
Kaa1 1,
Eval 1 govt failure 2,
Kaa2 what govt can do with increa...
4  cards
Labor Market
0  cards
Impact of a monopsony in a supermarket industry
Knowledge marks of a monopsony 1,
Kaa1 cost to the supplier 2,
Eval 1 govt intervention to reduc...
5  cards
Evaluate the likely microeconomics effects of an increase in the UK national minimum wage
Kaa1 effect on producers 1,
Eval1 2,
Kaa2 impact on workers 3
4  cards
Impact of a minimum Wage (Mrs Maryam)
Define minimum wage 1,
Blank 2,
Blank 3
5  cards
Pricing and non price strategies that could be used to increase profitability
Kaa1 pricing strategies 1,
Eval1 drawbacks of using limit an...,
Kaa2 non pricing strategies 3
4  cards
Indirect tax vs Regulation to reduce -ve consumption externality
Define both 1,
Blank 2,
Blank 3
4  cards
Evaluate the factors that might influence the supply of labour in an occupation of your choice. (NHS))
Define supply of labour 1,
Kaa1 wages 2,
Eval 1 wage elasticity of labour ...
6  cards
Evaluate the possible consequences for business decision making of increased market concentration. Refer to industries of your choice in your answer
0  cards
With reference to an industry of your choice, evaluate why wage differences exist within the UK labour market. (UK Professional Football Industry)
Define labour supply and labour d...,
Kaa1 mrpl 2,
Eval 1 drawbacks of a wage differ...
6  cards
‘Revenue maximisation is a more realistic business objective than profit maximisation for many businesses.’
0  cards
Nationalisation vs Privatisation (Water Industry in the UK)
Definitions of both 1,
Nationalisation kaa 2,
Nationalisation eval 3
5  cards
Tradeable pollution Permits vs Indirect Tax
Definitions 1,
Tradeable pollution permits kaa 2,
Tradeable pollution permits eval 3
4  cards
Why would firms collude
1 draw a payoff matrix which woul...,
Kaa1 2,
Eval 1 3
5  cards
HOW TO ANSWER MACRO QUESTIONS
Method 1 1,
Method 2 2,
Extension of method 2 3
8  cards

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Chain of Reasoning for Different Questions Economics

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