Economics flashcards

Scarcity, Choice & Opportunity Cost

18 cards

Factors of Production

14 cards

Production Possibility Curves

18 cards

Demand

19 cards

Supply

19 cards

Market Equilibrium & Price Mechanism

20 cards

Price Elasticity of Demand (PED)

20 cards

Price Elasticity of Supply (PES)

19 cards

Market Failure & Externalities

24 cards

Economic Systems: Market & Mixed

15 cards

Firms' Costs, Revenue & Objectives

20 cards

Workers & Wages

14 cards

Money & Banking

16 cards

Households

14 cards

Firms: Types, Mergers & Scale

16 cards

Firms & Production

15 cards

Types of Markets: Competition & Monopoly

13 cards

Macroeconomic Aims

20 cards

Inflation: Causes & Effects

22 cards

Unemployment: Types & Effects

21 cards

Fiscal & Monetary Policy

21 cards

Supply-side Policy

14 cards

Economic Growth & Recession

15 cards

Living Standards & Development Indicators

20 cards

Poverty

14 cards

Population

20 cards

Differences in Development between Countries

20 cards

Specialisation & Free Trade

20 cards

Globalisation & Trade Restrictions

16 cards

Exchange Rates

16 cards

Current Account of the Balance of Payments

15 cards