Economics Year 12 Theme 2

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

Flashcard maker: Ruth Ryan

Decks in this class (13)

KT1: 2.2.2 Competing on price, 2.2.3 Types of non-price competition
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KT2: 2.1.1 Growth, 2.1.2 Methods of growth
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KT3: 2.2.4 Income elasticity of demand, 2.4.1 Globalisation
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KT4: 2.1.3 Research and development and innovation, 2.1.4 How the digital economy affects markets and firms
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KT5: 2.4.2 Developed, emerging and developing economies, 2.4.3 International trade
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KT6: 2.1.5 How small firms grow, 2.3.1 Productivity
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KT7: 2.4.4 Exchange rates, 2.5.1 The economic cycle
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KT8: 2.3.2 Capacity utilisation
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KT9: 2.5.2 Circular flow of income, expenditure and output
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KT10: 2.3.3 Efficiency and competitiveness using lean production, 2.3.4 Impact on costs and sales revenue
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KT11: 2.5.3 Inflation, 2.5.4 Employment and unemployment
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KT12: 2.6.1 Possible macroeconomic objectives, 2.6.3 Potential policy conflicts and trade-offs
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KT13: 2.6.2 Policy instruments
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Economics Year 12 Theme 2

  • Class purpose General learning

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