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Malak Hamidh
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Decks in this class (17)
Supply
Define supply,
What does the law of supply state,
What are factors that determine t...
10
cards
Demand
What is the law of demand,
Why can the demand curve shift,
How do related products affect de...
8
cards
Market Equilibrium
What is market equilibrium,
What will happen to the market pr...,
What are free goods
18
cards
Elasticity
What is price elasticity of deman...,
What is the equation for ped,
What happens if ped is zero
23
cards
Introduction to economics
What is scarcity,
Outline the relationship between ...,
What is economics
36
cards
How Is Economic Activity Measured
What are the five main macroecono...,
Define gross domestic product,
What are the 3 ways to calculate gdp
19
cards
Aggregate Demand
Define aggregate demand,
Draw the ad curve,
What is the wealth effect
16
cards
Aggregate Supply
Define aggregate supply,
Define short run aggregate supply,
Illustrate the sras
14
cards
Demand-Side Policies
Define demand side policies,
What are the two demand side poli...,
Define monetary policy
20
cards
Supply- Side policies
Define supply side policies,
What are the goals of supply side...,
List all the policies that produc...
14
cards
Inflation
Define inflation,
Define disinflation,
Define deflation
18
cards
Economic growth
Define economic growth,
What does growth of over the shor...,
Why may short term economic growt...
9
cards
Unemployment
Define unemployment,
What is the unemployment rate,
What are difficulties in measurin...
18
cards
Extra Definitions for Paper 2
Capital,
Central bank,
Ceteris paribus
15
cards
Inequality
Equality,
How is household income generated,
Economic inequality
16
cards
The Globa Economy l
Benefits of free trade,
Monopoly,
Free trade agreement
12
cards
Definitions For Global Economy
Monopoly,
Free trade agreement,
Tariff
38
cards
More about
IB Economics SL
- Class purpose General learning
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