This class was created by Brainscape user Shayne Kidd. Visit their profile to learn more about the creator.
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Shayne Kidd
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Decks in this class (20)
Unit 1 - 1
Advantages of specialisation,
Disadvantages of specialisation,
What is productivity
13
cards
Unit 3 - 2
What are the reasons for the trad...,
Why has there been a decline in m...,
What does the uk have comparative...
20
cards
Unit 3 - 3
What are the benefits of the cap,
What are the problems with the cap,
What is the eurozone
13
cards
Unit 3 - 4
What are the reasons for giving c...,
What are the types of aid,
What are the disadvantages of aid
7
cards
Breakeven
What are fixed costs
1
cards
Unit 1 - 2
What are monopolistic competition...,
What are the types of monopolies ...,
What are the characteristics of a...
8
cards
Unit 1 - 3
What are the types of oligopoly,
What are the characteristics of a...,
What are the barriers to entry in...
15
cards
Unit 1 - 4
How does an organisation become a...,
Why do business become multi nati...,
What are the positive effects of ...
11
cards
Unit 2 - 1
How do you measure national income,
What is gdp,
What is gnp
16
cards
Unit 2 - 2
How is apc calculated,
What is mpc,
How is mpc calculated
17
cards
Unit 2 - 3
What fiscal measures would be use...,
What fiscal measures would be use...,
What monetary measures would be u...
24
cards
Unit 2 - 4
What are the benefits of unemploy...,
What are the costs of unemploymen...,
What are the costs of unemploymen...
26
cards
Unit 2 - 5
What are the reasons for cuts in ...,
What are the reasons against cuts...,
Why is there taxation
15
cards
Unit 2 - 6
What are cures for externalities,
Why can public goods be provided,
What is the cure for public goods...
14
cards
Unit 3 - 1
What is absolute advantage,
What is comparative advantage,
Why do some countries have an abs...
27
cards
Breakeven
0
cards
FINANCE
Gross profit,
Expenses,
Appropriation account
8
cards
FINANCE
0
cards
Ratios
Net profit,
Mark up,
Return on capital employed
11
cards
PARTNERSHIPS
Current account,
Capital admission of new partner,
Appropriation account
3
cards
More about
Economics
- Class purpose General learning
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