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Decks in this class (22)
Y12 Booklet 1: Methodology, Production & Basic Economic Problem
What is economics 1,
Why are experiments difficult in ...,
What is ceteris paribus 3
19
cards
Y12 Booklet 1: Productivity, Efficiency & DoL
What is production 1,
What is productivity 2,
What is the formula for productiv...
21
cards
Y12 Booklet 2: Demand, Supply, Equilibria & Surplus
What is effective demand 1,
What is the law of demand 2,
What is diminishing marginal util...
22
cards
Y12 Booklet 2: Elasticity
What does ped stand for 1,
What is the formula for ped 2,
What is the numberline for ped 3
19
cards
Y12 Booklet 3: Markets & Failure
What is a luxury good 1,
What is a normal good 2,
What is an inferior good 3
37
cards
Y12 Booklet 3: Externalities
What is an externality 1,
What is a negative externality 2,
What is a positive externality 3
21
cards
Y12 Booklet 3: Government Failure
When does government failure occur 1,
When is there a net loss of welfa...,
What are the causes of government...
8
cards
Y12 Booklet 3: Government Intervention
How can a government intervene to...,
Analysis for indirect tax 2,
Graph for indirect tax 3
22
cards
Y12 Booklet 3: Behavioural Economics
What theory does adam smith refer...,
What do we assume all humans are ...,
What is bounded rationality 3
19
cards
Y13 Booklet 4: Costs, Revenues, Profits & Production Process
What are fixed costs examples 1,
What are variable costs examples 2,
What are semi variable costs exam...
18
cards
Y13 Booklet 4: Returns & Economies/Diseconomies of Scale
What is the very ultra long run 1,
What is the law of diminishing ma...,
What is total physical product 3
22
cards
Y13 Booklet 4: Technological Change & Creative Destruction
What is invention examples 1,
What is product innovation exampl...,
What is process innovation 3
7
cards
Y13 Booklet 4: Firms' Objectives, Growth & Contestable Markets
What is the assumed primary objec...,
What other objectives could a fir...,
Why could it be argued a firm can...
24
cards
Y13 Booklet 5: Competition, Perfect Competition & Shutdown Condition
What does the spectrum of competi...,
What factors distinguish differen...,
What are the positives of competi...
26
cards
Y13 Booklet 5: Monopolies, Monopolistic Competition & Price Discrimination
What is a pure monopoly 1,
What is a legal monopoly 2,
What is the diagram for a monopoly 3
24
cards
Y13 Booklet 5: Oligopoly, Collusion & Pricing Strategies
What is an oligopoly 1,
What is conscious interdependence 2,
Do oligopolists make profit why w...
23
cards
Y13 Booklet 5: Market Policy & Competition Policy
What is the definition of nationa...,
When is nationalisation used 2,
What are the positives of nationa...
29
cards
Y13 Booklet 5: Game Theory of Oligopoly Behaviour
What is game theory how is it use...,
What is the table used for game t...,
What is the best strategy of game...
5
cards
Y13 Booklet 6: Labour Markets
In a labour market who supplies l...,
In a labour market who demands la...,
What is the definition of mpp 3
30
cards
Y13 Booklet 6: Minimum Wages & Trade Unions
What is the national minimum wage...,
What is the minimum wage diagram ...,
How does a minimum wage affect un...
21
cards
Y13 Booklet 6: Monopsony & Wage Discrimination
What is a monopsony why might the...,
What is monopsony power how is th...,
What are the market conditions of...
24
cards
Y13 Booklet 6: Income, Wealth, Poverty & Inequality
What is income examples 1,
What is wealth examples 2,
Why do incomes vary between house...
25
cards
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Microeconomics (A-Level AQA)
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Specification - https://www.aqa.org.uk/subjects/economics/a-level/economics-7136/specification/specification-at-a-glance Model paragraphs - https://www.tootingtutors.co.uk/a-level-economics-model-paragraphs/
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