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Jayden SAUNDERS
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Decks in this class (12)
1.1. The Nature of Economics
Explain the difference between wa...,
Define opportunity cost,
List the 4 factors of production
17
cards
1.2. How markets work
What assumptions are made about t...,
Explain how herd mentality may pr...,
Explain how habitual behaviour ma...
51
cards
1.3. Market Failure
Define market failure,
Define asymmetric information,
Define symmetric information
19
cards
1.4. Government Intervention
Define minimum price and why migh...,
Explain the problems that might b...,
Define maximum price and why migh...
22
cards
2.1. Measures of Economic Performance
List the macroeconomic objectives,
Ree,
What are the benefits of achievin...
46
cards
3.1 Business Growth
Explain why some firms tend to re...,
Explain the private sector,
Explain the private sector
18
cards
2.2/2.3 AD/AS
What is the ad formula,
What factors affect consumer spen...,
What factors affect investment an...
19
cards
2.4/2.5 National income/Economic Growth
Name 3 injections in to the circu...,
What is the formula for the multi...,
What are the meanings of mpc mps ...
10
cards
2.6 Macro objectives and policies
0
cards
3.4 Market structures
List characteristics of perfect c...,
Where is the shut down point,
What do perfect competition firms...
25
cards
3.1/3.2 business growth/objectives
Explain why some firms remain small,
Explain why some firms grow,
What are some constraints on busi...
17
cards
4.1 international economics
Explain the characteristics of gl...,
What are causes of globalisation,
What impact does globalisation ha...
41
cards
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Economics
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