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Lily Millard
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Decks in this class (8)
Non-price factors supply
Non price factors effecting supply,
Price effecting supply
2
cards
Elasticity
Price elasticity of demand,
Elastic demand vs inelastic demand,
Methods to measure price elastici...
20
cards
Supply, demand and Equilibrium
Effect of changes in s on market ...,
Sequence of events as market move...,
Effect of changes in demand on ma...
34
cards
Market Efficiency
When is a market efficient,
Consumer surplus,
If consumer surplus falls
28
cards
Market Failure
Types of goods,
Rival and non rival consumption,
Excludable and non excludable
15
cards
Markets
Characteristics of a market,
Features of a market economy,
Macroeconomics
15
cards
Inflation and unemployment and growth
Headline inflation,
Underlying inflation,
The goldilocks effect
22
cards
Balance of payments, distribution of income and taxation
Balance of payments dfn,
Categories of balance of payments,
Credits
27
cards
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Economics yr11
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