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Deya Vaseva
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Decks in this class (33)
3.1
Why do firms remain small 1,
What is the principle agent probl...,
Why do some businesses choose to ...
28
cards
3.2
What are the four business object...,
What is profit maximisation 2,
Why would a firm profit maximise 3
8
cards
3.3
What are economies of scale 1,
What are the types of economies o...,
What are diseconomies of scale 3
9
cards
3.4
What is allocative efficiency 1,
What is productive efficiency 2,
What is dynamic efficiency 3
50
cards
3.5
Factors influencing demand for la...,
What is derived demand 2,
What is ped for labour 3
24
cards
4.2
What is relative poverty 1,
What is absolute poverty 2,
Main causes of poverty 3
11
cards
4.1
Globalisation definition 1,
Factors contributing to globalisa...,
Impacts of globalisation on consu...
42
cards
4.3
What is economic growth and econo...,
Hdi and components 2,
Adv and dis of hdi 3
8
cards
3.6
What is cma and what do they do 1,
Gov intervention to control merge...,
When is a merger investigated and...
22
cards
4.4
What are financial markets and re...,
Role of financial markets 2,
Market failure in financial secto...
6
cards
4.5
Reasons for the changing size and...,
Impact on high gov spending on pr...
2
cards
1.1
Define ppf 1,
Define capital goods and consumer...,
Define positive and normative sta...
19
cards
1.2
Define consumer and producer surp...,
Functions of price mechanism 2,
What do firms consumers and give ...
18
cards
1.3
Define market failure 1,
3 types of market failure 2,
Define private cost social cost a...
10
cards
1.4
Define gov failure 1,
4 types of gov failure 2,
7 types of gov intervention 3
16
cards
Exam Q Paper 1
Access the factors necessary for ...,
When do you use kinked demand and...,
Evaluate the microeconomic effect...
4
cards
2023 Paper 1
A with reference to figure 1 expl...,
B with reference to the informati...,
C with reference to the informati...
6
cards
Exam q Short
Blank 1,
Evaluate the microeconomic effect...
2
cards
2022 Paper 1
With reference to figure 2 and yo...,
Profit maximisation is assumed to...,
Same but short 3
6
cards
2021 Paper 1
Explain the likely impact of dimi...,
Examine the likely impact of thom...,
With reference to extract c asses...
6
cards
2020 Paper 1
Refer to figure 1 explain the lik...,
With reference to figure 2 examin...,
Assess whether complete nationali...
6
cards
2019 Paper 1
With reference to extract a expla...,
Discuss one likely reason for the...,
With reference to extract b exami...
5
cards
2018
A with reference to figure 1 expl...,
With reference to extract a discu...,
Blank 3
8
cards
2017 paper 1
A with reference to figure 1 and ...,
B with reference to figure 2 and ...,
<
7
cards
Specimen Paper 1
0
cards
2023 Paper 2
With reference to extract a expla...,
With reference to extract a exami...,
Discuss the impact of improved tr...
5
cards
2.2
What is mps and aps and both form...,
What is mpc formula 2,
Factors affecting consumption and...
10
cards
2.3
What is as and what is sr and lr 1,
Factors influencing sras 2,
Factors that influence lras 3
3
cards
2.4
What is the circular flow of inco...,
Effect of multiplier on economy 2,
What is negative multiplier effec...
7
cards
2.5
What is economic growth 1,
What causes economic growth 2,
What is actual and potential grow...
17
cards
2.6
What is economic growth 1,
Possible macroeconomic objectives 2,
Define demand side policies 3
23
cards
2022 Paper 2
Using a lorenz curve diagram expl...,
With reference to figure 1 and ex...,
With reference to figure 2 assess...
5
cards
2021 Paper 2
Using the data in figures 1 and 2...,
With reference to the information...,
With reference to the information...
6
cards
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Econ
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