This class was created by Brainscape user Molly Nicolson. Visit their profile to learn more about the creator.
By:
Molly Nicolson
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Decks in this class (13)
Unit 1 - Command Words
Identify 1,
Outline 2,
State 3
10
cards
Unit 1 - The Basic Economic Problem
What is a need 1,
What are some examples of needs 2,
What is a want 3
41
cards
Unit 1 - Demand, Supply and Markets
What is demand 1,
What is effective demand 2,
Know how to draw demand curves fr...
33
cards
Unit 1 - Costs, Revenue and Profits
What is production 1,
What is productivity 2,
What are the advantages of specia...
34
cards
Unit 1 - Personal Economics
What will individuals first spend...,
After ensuring their basic needs ...,
What might individuals spend on 3
41
cards
Unit 2 - Government Finance
What are the sources of governmen...,
What are the two types of taxation 1,
What is direct taxation 2
51
cards
Unit 2 - Unemployment
What is unemployment 1,
What is the level of unemployment 2,
What is the rate of unemployment 3
31
cards
Unit 2 - Economic Growth
What is economic growth 1,
How can you increase economic gro...,
How can growth in the amount of m...
11
cards
Unit 2, Inflation
What is the government s main aim...,
What is the rate of inflation 2,
What is inflation 3
15
cards
Unit 2, Scotland's Place in the Economy
What are the three different type...,
Describe the primary industry 2,
Describe the secondary industry 3
18
cards
Unit 3 - Global Trade
Define global trade 1,
Who are the uk s top 5 export tra...,
Who are the uk s top 5 import tra...
19
cards
Unit 3 - Multinationals
What is a multinational 1,
What are the advantages of operat...,
Why would an underdeveloped count...
6
cards
Unit 3 - Understanding the impact of the Global Economy
What is a trading bloc 1,
Give examples of trading blocs 2,
Describe the european union 3
27
cards
More about
Economics
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