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Economics A-Level Edexcel A

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

By: Jiya Khandelwal
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Decks in this class (17)

3.1.1 - Sizes and Types of Firms
Why do some firms tend to remain ...,
Give reasons for why some firms g...,
Explain the principal agent probl...
28  cards
3.1.2- Business Growth
What are the two main types of gr...,
What is organic growth 2,
What is external growth 3
29  cards
3.1.3- Demergers
What is a demerger 1,
What is merger 2,
Why do demergers occur 3 3
13  cards
3.2.1- Business Objectives
What are business objectives 1,
What are examples of business obj...,
Who influences business objective...
31  cards
3.3.3- Economies and Diseconomies of Scale
What is economies of scale 1,
What is the lrac curve 2,
Why does the lrac curve fall init...
30  cards
3.4.7 Contestable Markets
What is a contestable market 1,
What keeps existing firms competi...,
What is the key idea of contestab...
32  cards
4.1.1 Globalisation
What is globalisation 1,
What does globalisation increase 2
2  cards
4.1.2 Specialisation and Trade
Why does international trade take...,
What are factor endowments 2,
Why can some countries produce go...
31  cards
4.1.5 Trading Blocs and World Trade Organisation
What are the costs of trade liber...,
What are the costs of trade liber...,
What are the benefits of trade li...
22  cards
4.1.6 Restrictions on Free Trade
What is protectionism 1,
What are reasons for the implemen...,
What is infant industry protection 3
29  cards
4.1.7 Balance of Payments
What is the balance of payments 1,
What does the balance of payments...,
What is the balance of payments m...
35  cards
4.1.9 International Competitiveness
What are relative unit labour cos...,
How is relative unit labour cost ...,
What does a rise in relative unit...
24  cards
4.3.2 Factors Influencing Growth and Development
What is primary product dependency 1,
What is dependency measured as 2,
When is a country considered expo...
50  cards
4.3.3 Strategies Influencing Growth and Development
What are the market oriented stra...,
What are interventionist strategi...,
What are the miscellaneous strate...
59  cards
4.4.1 The Role of Financial Markets
What are financial markets 1,
What are financial institutions 2,
What are examples of key financia...
9  cards
4.4.2 Market Failure in the Financial Sector
What is market failure 1,
What are the causes of market fai...,
What is asymmetric information 3
9  cards
4.4.3 Role of Central Bank
How does the role of the central ...,
What is the first role of the cen...,
What does it mean for the central...
31  cards

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Economics A-Level Edexcel A

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