This class was created by Brainscape user Neerav Soni. Visit their profile to learn more about the creator.
By:
Neerav Soni
- decks
- flashcards
- learners
Decks in this class (22)
1.1 Basic Economic Problem
Economic problem,
Consumers
14
cards
2.1 Role of Markets
Specialisation,
Division of labour
11
cards
2.2 Demand
Demand,
Law of demand
18
cards
2.3 Supply
Supply,
Factors affecting a shift in supply,
Consequences of a shift in supply
7
cards
2.4 Price
Price definition,
Equilibirum price,
Disequilibrium
5
cards
2.5 Competition
Competiton definiton,
Why do firms compete,
Features of a competitive market
12
cards
2.6 Production
What is total cost,
What is average cost
26
cards
2.7 Labour Market
What is national insurance,
What is a pension,
Definition of labour market
12
cards
2.8 Role of Money and Financial Markets
What is money,
What are the 4 functions of money,
What will a fall in interest rate...
14
cards
3.1 Economic Growth
What is gdp,
What is the definition of economi...,
What is real gdp
21
cards
3.2 Low Unemployment
What is the population of working...,
What is the economically active t...,
What is the economically inactive
16
cards
3.3 Fair Distribution of Income
What is the definition of income,
What is the definition of wealth,
What is the definition of income ...
29
cards
3.4 Price Stability
What is the definition of inflation,
What is deflation,
What is hyperinflation
12
cards
3.5 Fiscal Policy
What is the definition of fiscal ...,
What is a budget deficit surplus,
What is government debt
13
cards
3.0 Intro to Macro
What are the 4 main macroeconomic...
1
cards
3.6 Monetary Policy
What is the definition of monetar...,
What is expansionary monetary policy,
What is contractionary monetary p...
10
cards
3.7 Supply Side Policies
What is a supply side policy,
What is the difference between ma...,
What are the 3 reasons goals for ...
18
cards
4.1 Importance of International Trade
What is international trade,
What are exports,
What are imports
9
cards
4.2 Balance of Payments
What is the balance of payments,
What is a current account,
What should the current account t...
27
cards
4.3 Exchange Rates
Why do we need foreign currency,
What is the definition of an exch...,
How is the exchange rate determined
16
cards
4.4 Globalisation
What is the definition of globali...,
In what 4 ways does globalisation...,
What is the definition of free trade
26
cards
3.8 Limitations of Markets
What is the definition of an exte...,
What is the definition of a negat...,
What is the definition of a posit...
23
cards
More about
economics gcse
- Class purpose General learning
Learn faster with Brainscape on your web, iPhone, or Android device. Study Neerav Soni's Economics GCSE flashcards now!
How studying works.
Brainscape's adaptive web mobile flashcards system will drill you on your weaknesses, using a pattern guaranteed to help you learn more in less time.
Add your own flashcards.
Either request "Edit" access from the author, or make a copy of the class to edit as your own. And you can always create a totally new class of your own too!
What's Brainscape anyway?
Brainscape is a digital flashcards platform where you can find, create, share, and study any subject on the planet.
We use an adaptive study algorithm that is proven to help you learn faster and remember longer....
Looking for something else?
GCSE Geography - AQA
- 15 decks
- 952 flashcards
- 6,070 learners
Decks:
Challenge Of Natural Hazards Paper 1, Physical Landscapes In The Uk Optional R, Physical Landscapes In The Uk Optional C, And more!
GCSE Religious Studies - Edexcel Route B
- 7 decks
- 630 flashcards
- 894 learners
Decks:
Skills Content, Christian Beliefs Content, Marriage And The Family Content, And more!
GCSE Economics
- 5 decks
- 103 flashcards
- 3 learners
Decks:
Basics Of Economics, Supply And Demand, Production, And more!
Economics
- 11 decks
- 440 flashcards
- 4487 learners
Decks:
Savings, Everfi Module 1 9, Everfi Practice, And more!
