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

Decks in this class (20)

Unit 1 - 1
Advantages of specialisation 1,
Disadvantages of specialisation 2,
What is productivity 3
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 1,
What are the problems with the cap 2,
What is the eurozone 3
13  cards
Unit 3 - 4
What are the reasons for giving c...,
What are the types of aid 2,
What are the disadvantages of aid 3
7  cards
Breakeven
What are fixed costs 1
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 1,
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 1,
What is gdp 2,
What is gnp 3
16  cards
Unit 2 - 2
How is apc calculated 1,
What is mpc 2,
How is mpc calculated 3
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 3
15  cards
Unit 2 - 6
What are cures for externalities 1,
Why can public goods be provided 2,
What is the cure for public goods...
14  cards
Unit 3 - 1
What is absolute advantage 1,
What is comparative advantage 2,
Why do some countries have an abs...
27  cards
Breakeven
0  cards
FINANCE
Gross profit 1,
Expenses 2,
Appropriation account 3
8  cards
FINANCE
0  cards
Ratios
Net profit 1,
Mark up 2,
Return on capital employed 3
11  cards
PARTNERSHIPS
Current account 1,
Capital admission of new partner 2,
Appropriation account 3
3  cards

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Economics

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