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economics IGCSE

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

By: Abdullah farhoud
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Decks in this class (12)

Basics
What is the economic problem 1,
Why is it a big problem 2,
What does wants mean in economics 3
10  cards
economic assumption
Blank 1,
What is the definition of economi...,
True or false economic assumption...
21  cards
production
0  cards
unemployment
What is the definition of unemplo...,
True or false unemployment includ...,
What is the unemployment rate 3
30  cards
micro economics revision
What is microeconomics 1,
True or false microeconomics focu...,
Fill in the blank the study of ho...
41  cards
The economic problem
What is the economic problem 1,
True or false the economic proble...,
Fill in the blank the economic pr...
20  cards
The demand curve
What is a demand curve 1,
True or false a demand curve slop...,
Fill in the blank the demand curv...
20  cards
Factors that may shift the demand curve
What is a demand curve 1,
True or false an increase in cons...,
Fill in the blank a decrease in t...
19  cards
The supply curve
What is a supply curve 1,
What shape is a typical supply cu...,
Why is the supply curve usually u...
20  cards
Factors that may shift the supply curve
What happens to supply if product...,
How does better technology affect...,
If the government gives subsidies...
10  cards
Market equilibrium
What is market equilibrium 1,
What s the price called at equili...,
What s the quantity called at equ...
10  cards
PED
What is price elasticity of demand 1,
What does it mean if demand is el...,
What does it mean if demand is in...
10  cards

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economics IGCSE

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