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Economics Year 11

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

By: James Makmur
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Decks in this class (9)

The Nature of Economics - Topic 1
What is the economic problem,
What is scarcity,
What does scarcity result in
63  cards
The Operation of an Economy - Topic 1
What are the different parts of t...,
What is a leakage,
What is an injection
28  cards
Australia vs China comparison
What are some of the similarities...,
What is the average life expectan...,
What is the growth in average lif...
38  cards
Topic 2 - Consumers and Businesses
What is consumer sovereignty,
What is structural change,
What are some factors which under...
78  cards
Equations
How do you calculate average prop...,
What is disposable income,
How do you calculate average prop...
7  cards
Topic Three - Markets: Demand and Supply
What is a market,
What are product goods and servic...,
What are two examples of a produc...
123  cards
Labour Market
What is a labour market,
Why is a healthy labour market im...,
What is derived demand
77  cards
Topic Five: Financial Markets
0  cards
Topic Six: Government and the Economy
Why do governments exist more spe...,
What is market failure,
What are public goods what is an ...
51  cards

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Economics Year 11

  • Class purpose General learning

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