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aqa micro economics y1

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

By: Ferdosi Sadat
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Decks in this class (5)

1.1 Economic Methodology and The Economic Problem
What are social sciences,
What are,
What does ceteris paribus mean
26  cards
1.3 Price determination in a competitive market
What is a market,
What is demand,
What is a normal good
70  cards
1.4 Production, Costs and Revenue
What is production,
What is total factor productivity,
How to calculate productivity
77  cards
1.5 Perfect competition, Imperfectly competitive markets and Monopoly
What is a concentration ratio cr,
What are the four barriers to entry,
What are some barriers to exit
46  cards
1.8 The market mechanism, Market failure & Government intervention
What is the price mechanism,
What is market failure and how do...,
What is government intervention a...
42  cards

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aqa micro economics y1

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