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economics revision hard

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

By: Harvey Pambaya
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Decks in this class (17)

theme 3 pros/cons and factors
1  cards
theme 1 factors and pro and cons
Pros of specialisation,
Con of specialisation,
Pro and con of specialisation in ...
32  cards
1. Hot topic - measurements of data
What does cpi measure,
How is the cpi measured step by s...,
What are the evaluations of the c...
18  cards
market structures
Define perfect competition,
What are the characteristics of p...,
If consumers have perfect informa...
47  cards
labour market
Define wage differential,
When did the uk begin moving from...,
Explain a chain of analysis on wh...
10  cards
government intervention
paper 1
29  cards
live data
Annual growth rate since 2023,
Growth rate of 2024 q1,
Why may annual growth rate be low...
30  cards
Paper 1
What are the 6 elasticities,
What are the 4 irrational behaviour,
What are the three market failures
13  cards
Theme 1
Define nationalisation,
Define privatisation,
Advantages of nationalisation
6  cards
Theme 2
0  cards
Theme 3
What is game theory,
What is kinked demand and the dia...,
What is the evaluation of game th...
12  cards
Theme 4
What are the three types of spend...,
What is transfer spending,
What is capital spending
23  cards
Theme 1 definition
Ad valorem tax,
Asymmetric information,
Capital
78  cards
Theme 3 definitions
Allocative efficiency,
Asymmetric information,
Average cost average total cost
77  cards
Theme 2 Definitions
Actual growth,
Aggregate demand,
Aggregate supply
94  cards
Theme 4 definitions
Absolute advantage,
Absolute poverty,
Aid
61  cards
Paper 2
Why does quantitative easing caus...,
Define discretionary fiscal policy,
What did picketty argue for
7  cards

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economics revision hard

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