1.1 The Nature of the Basic Economic Problem
20 cards
Flashcards
Exam code: 2281Master key definitions, formulas, and concepts. Decks are beautifully organized by topic so you can flip through them right before your exams.
1.2 Factors of Production
10 cards
1.3 Opportunity Cost
10 cards
1.4 Production Possibility Curve (PPC) Diagrams
10 cards
2.1 The Role of Markets in Allocating Resources
7 cards
2.10 Mixed Economic System
10 cards
2.2 Demand
17 cards
2.3 Supply
17 cards
2.4 Price Determination
15 cards
2.5 Price Changes
8 cards
2.6 Price Elasticity of Demand (PED)
19 cards
2.7 Price Elasticity of Supply (PES)
12 cards
2.8 Market Economic System
10 cards
2.9 Market Failure
57 cards
3.1 Money & Banking
20 cards
3.2 Households
12 cards
3.3. Workers
70 cards
3.4 Firms
46 cards
3.5 Firms & Production
28 cards
3.6 Firms' Costs, Revenue & Objectives
30 cards
3.7 Types of Markets
17 cards
4.1 Government Macroeconomic Intervention
13 cards
4.2 Fiscal Policy
36 cards
4.3 Monetary Policy
13 cards
4.4 Supply-side Policy
19 cards
4.5 Economic Growth
33 cards
4.6 Employment & Unemployment
30 cards
4.7 Inflation
26 cards
5.1 Living Standards
20 cards
5.2 Poverty
21 cards
5.3 Population
22 cards
5.4 Differences in Economic Development Between Countries
13 cards
6.1 Specialisation & Free Trade
17 cards
6.2 Globalisation & Trade Restrictions
41 cards
6.3 Foreign Exchange Rates
29 cards
6.4 Current Account of the Balance of Payments
34 cards