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max brazier
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Decks in this class (33)
National and International Economy
What are the three injections 1,
What are the three withdrawals 2,
Define marginal propensity to con...
43
cards
Behavioural Economics and Government Policy
Define bounded rationality 1,
Define bounded self control 2,
Give an example of bounded self c...
20
cards
Market Failure and Tragedy of the Commons
What is a public good 1,
What is meant by a public good ex...,
What is meant by non rejectability 3
13
cards
The Labour Market
What type of demand is labour 1,
What is meant by labour being der...,
What is the marginal productivity...
53
cards
Fiscal and Supply-Side Policy
Define fiscal policy 1,
What is a budget deficit 2,
What is a budget surplus 3
41
cards
Economic Growth and Development
Define standard of living 1,
Define economic development 2,
Define economic growth 3
19
cards
Financial Markets
What are the 6 characteristics of...,
What is the way of remembering th...,
What are the 4 key functions of m...
76
cards
The Theory of the Firm
Define normal profit 1,
Define abnormal profit 2,
What is the point of productive e...
81
cards
Wealth and Income Inequality
Give 4 different types of policie...,
Explain how lowering taxes could ...,
Analyse how doing nothing could a...
28
cards
International Economy and Trade
Define comparative advantage 1,
Define absolute advantage 2,
What is meant by free trade 3
61
cards
Production, Costs and Revenues
Average cost calculation 1,
Fixed costs definition 2,
How is short run defined 3
16
cards
Labour Markets, Poverty & Inequality
What is the standard an for trade...,
Trade union ev trade unions may n...,
Trade union ev trade unions may c...
23
cards
Market Failure & Government intervention
Indirect tax standard an 1,
Indirect tax evaluation depends u...,
Indirect tax government failure a...
27
cards
Market Structures & Theory of The Firm
Perfect competition standard an s...,
Perfect competition standard an l...,
Perfect competition evaluation 3
24
cards
Monetary Policy
Monetary policy evaluation changi...,
Quantitative easing standard an 2,
What is monetary policy 3
17
cards
Trade & Protectionism
Standard an welfare gain from int...,
Standard an deadweight welfare lo...,
Deadweight loss under tariff depe...
13
cards
Fiscal Policy
What is fiscal policy 1,
Why might the government want to ...,
Why might the government want to ...
10
cards
Supply-Side Policies
What are supply side policies 1,
What are some examples of interve...,
Why does the lras curve shift 3
12
cards
Other Things For Y12 Macro
What are the main macroeconomic o...,
How does the circular flow of inc...,
What are leakages withdrawals in ...
40
cards
Random Microeconomics
Definition of ped 1,
Why is ped always negative 2,
Classifications of ped 3
21
cards
Correcting Current Account Deficits & Surpluses
What causes a current account def...,
What is a good evaluative point f...,
Why is a current account deficit ...
11
cards
Exchange Rates
Standard an spiced 1,
Standard an wpidec 2,
What are some demand side reasons...
8
cards
Fiscal Policy - Advanced Evaluation
Fiscal drag evaluation for increa...,
Laffer curve disincentives evalua...,
Crowding out effect evaluation fo...
4
cards
Economic Problem
What is the basic economic problem 1,
What are scarce resources 2,
What choices must be made in econ...
94
cards
Government Intervention
What is indirect tax 1,
What are the uses of indirect tax 2,
What is a specific indirect tax 3
47
cards
Market Failures
What is mtt failure 1,
List the types of failures mentio...,
What are positive externalities 3
131
cards
A Oligopoly 2u
What characterizes an oligopoly 1,
What does a high concentration ra...,
What is the role of barriers to e...
130
cards
A Labour Mkts 2u
What is derived demand in the con...,
What is the relationship between ...,
What happens to the demand for la...
107
cards
Distribution Of Income And Wealth And Poverty
0
cards
Comp Policy,regulation,nationalisation,privatisation
What is one aim of competition po...,
How does competition policy benef...,
What does competition policy inve...
42
cards
Mkt Structures
What characterizes a competitive ...,
What characterizes an uncompetiti...,
What are barriers to entry 3
117
cards
Market Failure
What is the price mechanism 1,
What is allocative efficiency 2,
What does p mc signify 3
215
cards
Context
What is the simplest example of a...,
What percentage of jobs in india ...,
What are the barriers to entry in...
48
cards
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