See what we can offer to your school
"SimpleStudy just makes sense...”
Get the best plan for your school
15 cards from this deck
Study of how individuals, businesses & govts make decisions about scarce resources to satisfy unlimited wants
Scarcity vs unlimited wants
Simplified frameworks to understand reality & economic relationships
Benefit of next best alternative forgone when making a choice
How responsive demand/supply is to price or income changes
Sustained rise in general price level of goods and services
Factual, objective, can be tested against evidence
Opinion-based value judgements that can't be proven true or false
Supports govt spending & intervention during recessions
Emphasises controlling inflation & limiting govt involvement
Psychological influences & irrational behaviour in decisions
Exceeded 25%
Approximately 15%
Trade liberalisation & encouraging foreign investment
CSO (Central Statistics Office)
Select your subjects, and get access to A+ resources today.