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qi qi
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Decks in this class (14)
ppc
What is economics 1,
What is microeconomics 2,
What is macroeconomics 3
28
cards
demand
Define law of demand 1,
If you demand something you 2,
Define quantity demanded 3
25
cards
supply
What is quantity supplied 1,
What is law of supply 2,
What is the relationship between ...
16
cards
market equilibrium
What is market equilibrium 1,
What is equilibrium price 2,
How to know when market is equili...
33
cards
market structure
Difference between a firm and a i...,
How are market structures disting...,
The types of barriers to entry ex...
31
cards
elasticity
Define elasticity of demand 1,
Types of elasticities 2,
Define price elasticity of demand 3
54
cards
unemployment
What are economic indicators 1,
Examples of economy indicators 2,
What is unemployment 3
33
cards
fiscal policy
What role does the government pla...,
What type of sector is consumptio...,
How does government stabalise the...
27
cards
production and its cost
Types of decision time frames 1,
What is short run 2,
What is long run 3
37
cards
profit maximisation
Calculate total revenue 1,
Calculate average revenue 2,
Calculate marginal revenue 3
8
cards
GDP
Define gross domestic product 1,
What the exclusions and inclusion...,
Difference between gdp and gnp 3
14
cards
aggregate demand and supply
What are the types of situation i...,
What is an recessionary and infla...,
Components of ad 3
8
cards
monetary policy
4 functions of money 1,
Explain medium of exchange 2,
Explain unit of account 3
17
cards
trade
Types of trade barriers 1,
What is tariff and who gains and ...,
The advantages in trade 3
3
cards
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econs
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