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Decks in this class (29)
4.1 INTERNATIONAL ECONOMICS
1
cards
4.1.1 Globalisation
Globalisation,
Characteristics of globalisation,
Factors contributing to globalisa...
10
cards
4.1.2 Specialisation And Trade
Absolute advantage,
Comparative advantage,
Comparative advantage assumptions...
5
cards
4.1.3 Pattern Of Trade
Pattern of trade context,
Factors influencing the pattern o...,
Comparative advantage influencing...
6
cards
4.1.4 Terms Of Trade
Terms of trade as a measurement,
Favourable movement in the terms ...,
Calculation of terms of trade
5
cards
4.1.5 Trading Blocs And The World Trade Organisation (WTO)
Trading blocs regional trade agre...,
Types of trading blocs,
Free trade areas fta
23
cards
4.1.6 Restrictions On Free Trade
Reason for restrictions on free t...,
Infant industry argument,
Job protection
16
cards
4.1.7 Balance Of Payments
Components of the balance of paym...,
Balance of payments,
The current account
19
cards
4.1.8 Exchange Rates
Exchange rates,
Exchange rate systems,
Floating system
16
cards
4.1.9 International Competitiveness
International competitiveness,
Measures of international competi...,
Relative unit labour costs
12
cards
4.2 POVERTY AND INEQUALITY
0
cards
4.2.1 Absolute and relative poverty
Absolute poverty,
Relative poverty,
Measures
10
cards
4.2.2 Inequality
Wealth inequality,
Income inequality,
The lorenz curve
13
cards
4.3 EMERGING AND DEVELOPING ECONOMIES
0
cards
4.3.1 Measures of Development
Growth vs development,
Human development index hdi,
Advantages of hdi
8
cards
4.3.2 Factors influencing growth and developement
Impact of economics factors in di...,
Ppd,
Volatility
18
cards
4.3.3 Strategies influencing growth and development
Rostows model of development,
The millenium development,
A market orientated strategies
56
cards
4.4 THE FINANCIAL SECTOR
0
cards
4.4.1 Role of financial markets
Financial markets and their objec...,
Roles of financial markets,
Facilitate savings
8
cards
4.4.2 Market failure in the financial sector
Market failure in the financial s...,
Asymmetric information,
Externalities
6
cards
4.4.3 Role of central banks
Financial markets,
Roles of the financial market,
Banker to the government
7
cards
4.5 ROLE OF THE STATE IN THE MACROECONOMY
0
cards
4.5.1 Public Expenditure
Public expenditure,
Types of expenditure,
Capital government expenditure
9
cards
4.5.2 Taxation
Tax,
Progressive tax,
Regressive tax
12
cards
4.5.3 Public sector finances
Automatic stabilisers,
Discretionary fiscal policy govt ...,
Fiscal deficit vs national debt
3
cards
4.5.4 Macroeconomic policies in a global context
Use of policies,
Macroeconomic policies,
International competitiveness
6
cards
Trading Blocs and Globalisation Quizizz
Benfits of globalisation,
Role of multinational corporation...,
Free trade area fta
18
cards
25 Marker: Development 4.3
Primary product dependency,
Primary product dependency as a c...,
Primary product dependency constr...
38
cards
UK Context (25 Marker)
Uk base rate,
Interest rates since 2007,
Current rate of uk inflation
8
cards
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theme 4 econ: a global perspective
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