This class was created by Brainscape user Jonathan Hagos. Visit their profile to learn more about the creator.
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Jonathan Hagos
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Decks in this class (14)
Nature of Economics
What is a positive statement 1,
What is a normative statement 2,
What does ceteris paribus mean 3
56
cards
Economic Systems and Thinkers
What are the three different type...,
Give three economic thinkers 2,
What is a free market 3
23
cards
Subsidies
Media 1,
What happens to the supply curve ...,
What is the equation for the tota...
7
cards
Externalities
Why are goods like cigarettes alc...,
What are externalities 2,
What are negative productive exte...
42
cards
Happiness as a Measure of Development
What is happiness economics and w...,
What is sometimes referred to as ...,
How does the uk measure happiness 3
4
cards
Public Finances
What are the two types of tax 1,
What sort of direct tax is payed ...,
What two types of direct tax 3
16
cards
Essay Structure
8 marker question structure 1,
10 marker question structure 2,
12 marker question structure 3
5
cards
Inflation/Deflation
What is inflation 1,
What are the two types of inflati...,
How does demand pull inflation af...
25
cards
Circular Flow of Income
What are the two ways of measurin...,
Describe the circular flow of inc...,
Use the circular flow of income t...
7
cards
Aggregate Demand
What is aggregate demand 1,
Describe the ad curve 2,
What is the formula for ad 3
40
cards
Aggregate Supply
What is the short run 1,
What is aggregate supply 2,
What does the sras curve look like 3
21
cards
AS/AD Model
Describe the as ad model 1,
What is the spare capacity on thi...,
What is the effect on as if incom...
8
cards
Exchange Rates
What is an exchange rate 1,
What does an exchange rate diagra...,
What are the two reasons for sell...
15
cards
Labour Markets
What is the y axis for a labour m...,
When the wages are above the equi...,
When the wages are below the equi...
3
cards
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Economics
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