This class was created by Brainscape user Anonymous Star. Visit their profile to learn more about the creator.

Decks in this class (16)

Topic 1 - The Economic Problem Micro
Basic economic problem 1,
Renewable resource 2,
Non renewable resource 3
10  cards
Topic 1 - What Is Economics Macro
Difference between microeconomics...,
Free market economy 2,
Advantages of a free market econo...
4  cards
Topic 2 - Demand Micro
Demand 1,
Demand curve 2,
Why does the demand curve slope d...
9  cards
Topic 2 - Objectives And GDP Macro
What is gdp 1,
Why is gdp a useful indicator 2,
Disadvantages of gdp as an indica...
7  cards
Topic 3 - Supply Micro
Supply 1,
Why does the supply curve slope up 2,
Factors that cause supply curve t...
5  cards
Topic 3 - Circular Flow Of Income Macro
What is circular flow of income 1,
Injections and leakages 2,
Circular flow of income diagram 3
3  cards
Topic 4 - Equilibrium And Price Mechanism Micro
What is it called where supply an...,
Price mechanism 2,
How excess demand leads to ration...
3  cards
Topic 4 - More About Economic Growth Macro
Difference between real and nomin...,
Difference between gdp and gni 2,
How to calculate gdp per capita 3
5  cards
Randoms
Substitutes 1,
Diminishing marginal utility 2,
Value vs volume 3
45  cards
Topic 5 - Inflation Macro
Difference between inflation and ...,
Difference between disinflation a...,
Basket of goods 3
6  cards
Topic 5 - Consumer And Producer Surplus Micro
Producer 1
1  cards
Topic 6 - Elasticity Of Demand
What is ped 1
1  cards
NEW ROUND
Demerges 1,
Mergers disadvantages to firms re...
2  cards
Here We Go Again..
Perfect competition 1,
Monopolistic 2,
Oligopoly 3
5  cards
Flashcards
Conflict trap 1,
Landlocked bad neighbours 2,
Education skill 3
12  cards
NON INTERVENTIONIST (MARKET ORIENTATED) STRATEGIES
Trade liberisation 1,
Promotion of fdi 2,
Floating exchange rate systems 3
18  cards

More about
Economics

  • Class purpose General learning

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