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sh econ cards xtended

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

By: Jamiu Aroyewun
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Decks in this class (13)

INTERNATIONAL TRADE AND PROTECTIONISM
Define comparative advantage,
Define absolute advantage,
Law of comparative advantage
19  cards
BUSINESS OBJECTIVES
Profit maximisation,
What is the managerial theory,
Revenue max
10  cards
NATIONALISATION
What is nationalisation,
Advantages of nationalisation,
Disadvantages of nationalisation
11  cards
GOV’T INTERVNTION AND FAILURE
K,
5 types of gov t failure,
Information failure
29  cards
PRICE DISCRIMINATION
What is price discrimination,
Third degree price discrimination,
Aims of price discrimination
8  cards
POLLUTION PERMITS/PROPRTY RIGHTS
Process pollution permit creation,
Advantages of pollution permits,
Disadvantages evaluation of pollu...
7  cards
EVALUATION OF MARKET STRUCTURES
Advantages of a monopoly,
Disadvantages of monopoly,
Advantages of perfect competition
7  cards
SUPPLY SIDE POLICIES
What are supply side policies,
General cons of s,
General advantages of supply side...
25  cards
GLOBALISATION
What is globalisation,
Causes of globalisation,
Characteristics of globalisation
6  cards
EXCHANGE RATES
What is an exchange rate,
What are the axes labelled on an ...,
Factors affecting exchange rates
28  cards
BALANCE OF PAYMENTS
What is the balance of payments,
3 sections of the balance of paym...,
Components of the current account
22  cards
FISCAL AND MONETARY
What is fiscal policy,
Overall effects of expansionary f...,
Overall effects of expansionary f...
10  cards
PAPER 3
Micro causes of income inequality,
Macro ca
2  cards

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sh econ cards xtended

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