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Adrian Lee
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Decks in this class (26)
Chapter 7: Demand
Demand factors 1,
Supply factors 2,
Determinants of ped 3
5
cards
Chapter 13: Market economic system
Importance of competition and inc...,
Advantages of a market economic s...,
Disadvantages of a market economi...
4
cards
Chapter 14: Market failure
Market failure 1,
Failure to take into account of a...,
Information failure 3
9
cards
Chapter 15: Mixed economic system
Mixed economic system 1,
Maximum prices 2,
Minimum price 3
5
cards
Chapter 16: Money and banking
Functions of money 1,
Characteristics 2,
Functions of commercial banks 3
3
cards
Chapter 17: Households
Influences on spending 1,
Reasons for saving 2,
Influences on spending 3
5
cards
Chapter 18: Workers
Wage factors 1,
Non wage factors 2,
Limiting factors 3
17
cards
Chapter 20: Firms
Size of firms 1,
Reasons for small firms 2,
External growth 3
21
cards
Chapter 21: Firms and production
Productivity 1,
Factors influencing demand for ca...,
Demand for land 3
6
cards
Chapter 22: Firms, costs, revenue, and objectives
Objective of firms 1,
Blank 2
2
cards
Chapter 23: Market structure
Behaviour of competitive firms 1,
Performance of competitive firms 2,
Reasons to monopolies arising 3
6
cards
Chapter 24: Role of government
Government as a producer 1,
Public sector contracts and partn...,
Government as an employer 3
4
cards
Chapter 25: Macroeconomic aims of government
Economic growth 1,
Low unemployment 2,
Price stability 3
5
cards
Chapter 26: Fiscal policy
Reasons for government spending 1,
Reasons for levying taxation 2,
Principles of taxation 3
10
cards
Chapter 27: Monetary policy
Monetary policy 1,
Changes in money supply 2,
Changes in rate of interest 3
6
cards
Chapter 28: Supply side policy
Supply side policies 1,
Improving education and training 2,
Lowering direct taxes and increas...
8
cards
Chapter 30: Economic growth
Difficulty of measuring real gdp 1,
Recession 2,
Causes of a recession 3
7
cards
Chapter 30: Employment and unemployment
Changes in the patterns of employ...,
Changes in the levels of employme...,
Frictional unemployment 3
10
cards
Chapter 31: Inflation and Deflation
Inflation 1,
Deflation 2,
Disinflation 3
11
cards
Chapter 33: Poverty
Blank 1
1
cards
Chapter 34: Population
Blank 1,
Emigration 2,
Birth rate 3
29
cards
Chapter 35: Economic development
Economic development 1,
Causes of differences in economic...,
The cycle 3
14
cards
Chapter 36: International specialisation
Advantages for consumers 1,
Disadvantages for consumers 2,
Advantages for firms 3
6
cards
Chapter 37: Free trade and protection
Reasons for globalisation 1,
Consequences of gloablisation 2,
Benefits for mncs 3
10
cards
Chapter 38: Foreign exchangerates
Reasons for demand of currency in...,
Reasons for supply of currency 2,
Causes of exchange rate fluctuati...
11
cards
Chapter 39: Current account of balance of payments
Balance of payments 1,
Components of the current account 1,
Changes in exports and imports 2
9
cards
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Economics
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