AS - Level Economics (Microeconomics) FlashCards sobre Key Terminology for AS level microeconomics, criado por gen lebus em 09-11-2014.
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Criado por gen lebus
aproximadamente 10 anos atrás
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Criado por gen lebus
aproximadamente 10 anos atrás
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Goods
Services
Economic Welfare
oppportunity cost
economic goods
Free goods
Economic activity
Scarcity
Factor Incomes
Factor market
Free market ecconomy
market
buyer
sellers
supply
planned economy
mixed economy
wholesale
Decoupling
Derived demand
Composite demand
Joint Supply
Joint demand
Price mechanism
Secondary Markets
Production
Specialisation
Division of labour
Productivity
Allocative efficiency
Income
Wealth
Absolute poverty
Relative Poverty
Demand
Effective Demand
Latent Demand
Substitute good
Normal Good
Inferior good
Disretionary incomes
Ostentatious Consumption
Speculative Demand
Supply
Producer Surplus
Consumer Surplus
Economies of Scale
Internal Economies of Scale
External Economies of Scale
Diseconomies of Scale
Productive Efficiency
Social Efficiency
