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Mounir Elzfra
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Decks in this class (11)
economics Y1 Economic methodology
Y1 progress exams
30
cards
PPF curves
What is ment by the term ppf 1,
What 2 things does a ppf show 2,
What is found on the axis of a mi...
11
cards
Supply, Demand and the demand theory
What is meant by the term demand 1,
What is stated by the law of dema...,
What effects explain the inverse ...
54
cards
Market Equilibrium and interrelationships
What is a market 1,
What is meant by equalibruim 2,
What does it mean if the line p2 ...
13
cards
Production, Costs and Revenue
GO OVER THIS TOPIC BEFORE THE EXAM!
46
cards
How the macroeconomy works
What are the determinants of cons...,
Determinants of saving 2,
Determinants of investment 3
39
cards
Economic performance
What are the 4 main points on the...,
What are the two types of growths...,
State the shape of the actual gro...
84
cards
The measurement of macroeconomic performance
What does gdp stand for 1,
What is gdp 2,
What can gdp measure 3
29
cards
Market mechanism, market failure and government intervention in markets
How do markets allocate resources 1,
What is meant by the rationing fu...,
What is meant by the signalling f...
54
cards
Government spending and taxation
What is meant by current spending 1,
What is meant by capital spending 2,
What is meant by welfare spending 3
25
cards
Macroeconomic policy
What occurs under a fiscal policy 1,
What are the two types of fiscal ...,
What occurs under an expansionary...
28
cards
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economics Y1
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