This class was created by Brainscape user Ella Toogood-Pugh. Visit their profile to learn more about the creator.

Decks in this class (21)

Policy Instruments - Fiscal policy
What is discretionary fiscal policy,
What is automatic fiscal policy,
Through what effect does governme...
5  cards
Costs, Revenue, Profits
What are the two types of cost in...,
How is marginal cost calculated,
Why are marginal cost curves and ...
36  cards
Labour Markets
Labour demand is more elastic when,
Labour supply is elastic when,
What is the minimum wage
28  cards
Exchange Rate Systems
What are some main advantages of ...,
When did the uk leave the europea...,
How does a floating exchange rate...
11  cards
5. Globalisation and Trade
Who came up with the theory of co...,
What is comparative advantage,
What are some criticisms of compa...
47  cards
Theme 3 Micro
Where is productive efficiency,
Where is allocative efficiency,
Where is profit max located
13  cards
4.3 Emerging and Developing Economies
What is the resource curse,
Why are abundant natural resource...,
What is the prebisch singer hypot...
45  cards
APPLICATION
What is the uk minimum wage natio...,
Debt greece what had greeces debt...,
When was the sovereign debt crisi...
9  cards
Paper 1 Industries
When was the water industry priva...,
Most water companies are what typ...,
What is the water regulator for w...
16  cards
Poverty and Inequality
What is relative poverty,
What is absolute poverty,
How many people in the uk are in ...
11  cards
Transfer pricing
What is transfer pricing,
Transfer pricing what did coca co...,
Where is amazon s eu hq located w...
6  cards
3.1 Buisness Growth
What are the reasons for demergers,
What are demergers also known as,
What are some of the impacts of d...
6  cards
3.4 Market Structures
What is monopsony power,
What is a good monopsony power ex...,
What are the benefits of monopson...
17  cards
Balance of payments
What are the three main elements ...,
What does the current account record,
What is primary income
12  cards
Financial Markets
What are the four key roles of ce...,
What are the examples of financia...,
Asymmetric info explanation and c...
7  cards
PED/PES
Ped is more elastic when there ar...,
Ped is more elastic in the run,
Ped is more elastic when the good...
7  cards
Regularion
0  cards
Governmnet failure
What is government failure,
What are some key intervening bodies,
How are distortion of price signa...
8  cards
Monetary policy
What is the capital ratio,
What is the liquidity ratio,
What does forward guidance do
7  cards
2.1 Performance Measures
What is gdp,
Why are ppp adjustments made,
What are the problems of using gd...
19  cards
Phillips Curve
What has happened to the philips ...
1  cards

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