Year 11 Economics

Markets

Study Resources

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Part 1

• 1 Glossary

• 2 Flashcards

• 3 Quick Test

• 4 Quick Test Solutions

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Part 2

• 1 Glossary

• 2 Flashcards

• 3 Quick Test

• 4 Quick Test Solutions

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Video Links

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• Allocative Efficiency

• Ceiling Price

• Equilibrium

• Expansion of Demand

• Expansion of Supply

• Externality

• Factor Market

• Floor Price: The Minimum Wage

• Floor Price: Airline Fares

• Income Distribution

• Inventory

• Law of Demand

• Law of Supply

• Market Equilibrium

• Market Failure

• Merit Goods

• Monopolistic Competition

• Monopoly

• Oligopoly

• Price Elasticity of Supply

• Price Elasticity of Demand

• Product Differentiation

• Public Goods

• Pure Competition

• Total Outlay Method

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Introduction to Economics

Study Resources

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• 1 Glossary

• 2 Flashcards

• 3 Quick Test

• 4 Quick Test Solutions

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Video Links

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• Business Cycle

• Capital Goods

• Capital Resources

• Competition

• Consumer Sovereignty

• Distribution of Income

• Economic Growth

• Equilibrium

• Factor Market

• Factors of Production

• Gross Domestic Product (GDP)

• Human Development Index (HDI)

• Injections

• Leakages

• Labour Resources

• Merit Goods

• Mixed Economy

• Natural Resources

• Opportunity Cost

• Price Mechanism

• Production Possibility Frontier

• Product Market

• Recession

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Consumers and Business

Study Resources

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• 1 Glossary

• 2 Flashcards

• 3 Quick Test

• 4 Quick Test Solutions

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Video Links

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• Capital

• Complement

• Consumer Sovereignty

• Consumption Function

• Ethical Decision Making

• External Diseconomies of Scale

• External Economies of Scale

• Individual Demand

• Internal Diseconomies of Scale

• Internal Economies of Scale

• Life Cycle Theory of Consumption

• Substitutes

• Niche Market

• Productivity

• Social Welfare Payments

• Specialisation

• Utility

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Labour Markets

Study Resources

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Part 1

• 1 Glossary

• 2 Flashcards

• 3 Quick Test

• 4 Quick Test Solutions

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Part 2

• 1 Glossary

• 2 Flashcards

• 3 Quick Test

• 4 Quick Test Solutions

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Video Links

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• Aggregate Demand

• Awards

• Capital

• Casualisation of Work

• Employer Association

• Enterprise Bargaining

• Fair Work Commission

• Human Capital

• Income Distribution

• Inflation

• Labour Force

• Labour Market

• Labour Productivity

• Long Term Unemployed

• National Employment Standards

• Occupation Mobility

• Outsourcing

• Participation Rate

• Recession

• Superannuation

• Unemployment

• Working Age Population

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Financial Markets 1 - Types of Financial Markets

Study Resources

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• 1 Glossary

• 2 Flashcards

• 3 Quick Test

• 4 Quick Test Solutions

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Video Links

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• The Australian Prudential Regulation Authority (APRA)

• Bonds

• Credit

• Dividend

• Float

• Primary Financial Market

• Secondary Financial Market

• Public Company

• The Reserve Bank of Australia (RBA)

• Securities

• Shares

• Speculation

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Financial Markets 2 - The Money Market

Study Resources

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• 1 Glossary

• 2 Flashcards

• 3 Quick Test

• 4 Quick Test Solutions

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Video Links

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• Borrowers

• The Cash Rate

• Domestic Market Options

• Interest Rates

• Lenders

• Liquidity

• Money Supply

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Government and the Market Economy

Study Resources

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• 1 Glossary

• 2 Flashcards

• 3 Quick Test

• 4 Quick Test Solutions

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Video Links

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• Australian Competition and Consumer Commission (ACCC)

• The Australian Constitution

• The Budget

• The Business Cycle

• Competition

• Externalities

• Fiscal Policy

• Free Riders

• Government Business Enterprises (GBEs)

• Non-Renewable Resources

• Privatisation

• Public Sector

• Relative Poverty

• Renewable Resources

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