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0a548ck Kan3
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Decks in this class (23)
Economic Methodology And The Economic Problem
What does the assumption of ceter...,
What is,
Why do economists use models what...
51
cards
Individual Economic Decision Making Part 1
When making economic decisions wh...,
What is a consumers utility,
What is marginal utility
30
cards
Individual Economic Decision Making Part 2
Define symmetric information,
Define imperfect information,
What are some effect of imperfect...
12
cards
Production Costs And Revenues Part 1
What is production,
What does production end up doing,
How is production calculated
92
cards
The Labour Market Part 1
What type of market is the labour...,
How is the supply of the labour m...,
What type of demand is in the lab...
33
cards
The Labour Market Part 2
Where is the market equilibrium i...,
Why else would labour demand fall...,
Give another reason why the suppl...
29
cards
Distribution Of Income And Wealth, Poverty And Inequality Part 1
What do the price mechanisms do,
What are the 3 main function to a...,
Explain the function of the price...
30
cards
Distribution Of Income And Wealth, Poverty And Inequality Part 2
Give an example of a private food,
What is a newer factor that can e...,
What does the tragedy of the comm...
31
cards
Market Mechanism, Market Failure And Government Intervention In Markets Part 1
Draw the graph of external costs ...,
Explain the graph of external cos...,
Draw the graph of external benefi...
18
cards
Defenitions
Allocative efficiency,
Allocative price function,
Capital
257
cards
Perfectly Perfect And Imperfect Markets And Monopolies
What is the market structure,
What is the spectrum of market st...,
As you shift more towards the lef...
220
cards
Quick Facts
When does profit maximising occur,
When does revenue maximisation occur,
When does output maximisation occur
19
cards
Equations
Yed,
Xed,
Pes
12
cards
Drawing Graphs
Draw a ppf curve,
Draw a demand curve,
Draw a supply curve
34
cards
Drawing Graphs 2
Draw the laffer curve,
Draw the lorenz curve,
Draw the kuznets curve
15
cards
Measuring Macroeconomic Performance Deffinitions
Availability of credit,
Base year,
Black informal shadow market
29
cards
The Macroeconomic Economy Deffinitions
Accelerator,
Ad,
As
33
cards
Economic Performance Deffinitions
Activity rate participation rate,
Balance of payments,
Balance of payments equilibrium
48
cards
Financial Markets And Monetary Policy Deffinitions
Boe,
Bond,
Broad money
25
cards
Fiscal And S-SP Deffinitions
Automatic stabiliser,
Balanced budget,
Budget deficit
37
cards
The International Economy Deffinitons
Absolute advantage,
Aid,
Bilateral aid
24
cards
Economics Macro Main Concepts
What are themain macro economic aims,
Will there be growth or decline w...,
When does sras occur
17
cards
Macroeconomic Instruments
How can fiscal policy influence t...,
How can we use fiscal policy to m...,
When interest rates are raised wh...
10
cards
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