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Created by Emily Fenton
over 9 years ago
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Timeline of Economic Globalization (5)
Free Labour Movement
GDP
GNP
Purchasing Power Parity Dollars
International Dollar
Business and Increasing GDP
5 Types of Globalization
Price Wedge
Fragmentation of Production
Fisher Equation
Important Aspects of Macroeconomics (8)
National Governments and Regulating Markets (7)
Floating Currency
Effects of Sudden Currency Value Decrease (4)
Bond Market
Fiscal Policy
Laffer Curve
Business Cycle
Combating Recession (5)
Philips Curve
Causes of Stagflation (4)
Money Supply
Horizontal Activity
Vertical Activity
Target Canada Case Study
Balance of Payments
Balance of Payments Deficit
Balance of Payments Surplus
Reacting to Balance of Payment Deficit (4)
Current Account
Financial Account
Measuring Imports/Exports
Problems with Firm Statements (4)
Capital Account
Foreign Direct Investment (3 types)
3 Components of FDI
Flows vs Stocks
Rational Choice Theory
Producer Surplus
Consumer Surplus
Elasticity of Supply and Demand
Inelasticity
Marginal Revenue
Marginal Utility
Why is International Trade Good (3)
Arbitrage
Comparative Advantage
David Ricardo
Mercantilist Economic Thought
Ricardian Model Basics (4 assumptions)
Absolute Cost Advantage
Heckshcher-Olin-Samuelson Model
Isoquant
Lerner Diagram
Opportunity Cost
Negative Opportunity Cost
Types of Markets (8)
Types of Market Competition (7)
Firms "Going Public"
Venture Capital
Coordinated Market Economies
Stockholder Company
Management Team
Game Theory
Information Theory
Labour Economics
Ronald Coase
5 Problems Addressed by Theory of the Firm
Transaction Costs and Types (5)
Why are there Transaction Costs? (5)
Firms Doing Imperfect Competition
3 Sets of Return to Scale
Profit Maximization Problem
Average Costs
Monopolistic Competition
Flexicon
Why Protectionism? (4)
GATT/WTO
International Mergers and Acquisitions
Arguments for Trade Restriction (4)
Types of Protectionism (4)
Tariff Effect
Effects of Tariffs on Different Sects (4)
Subsidy
Common Agriculture Policy
Arguments for EU Agriculture Subsidies (5)
Voluntary Export Restraint (VER)
Trading Blocs
Trans Pacific Partnership (TPP)
Mercosur Case Study
3 Factors of Trading Costs
Free on Board (FOB)
Cost, Insurance, Freight (CIF)
Ad Valorem Rate
Decision Tree
Liabilities of Foreign Business (5)
Subsidiarity
Principle of Conferral in EU
Single Market Programme (EU)
Cockfield White Paper
Optimum Currency Area (OCA)