Flipped EconomicsRetrieval

Economics, one diagram at a time.

Every chapter is one market drawn as paper you can take apart

Scroll through the pages. Click a curve, an area or a wedge to see what it is made of. Answer the questions under each page. Free, for anyone studying economics at A-level or its equivalent.

Markets

No. 01

Scarcity and choice

opportunity cost and the frontier
In preparation
No. 02

Specialisation

division of labour and productivity
In preparation
No. 0310 pages

Demand

utility, the law of demand and what shifts it utility, the law of demand and what shifts it
No. 0411 pages

Supply

cost, profit and what shifts it cost, profit and what shifts it
No. 0511 pages

Equilibrium

the price a market settles on the price a market settles on
No. 069 pages

Surplus and efficiency

what buyers and sellers gain what buyers and sellers gain
No. 0711 pages

Elasticity of demand

how much quantity answers price how much quantity answers price
No. 08

Elasticity of supply

time, stocks and spare capacity
In preparation
No. 0912 pages

Taxes and subsidies

who really pays who really pays
No. 10

Labour markets

the wage as a price
In preparation
No. 11

Externalities

costs and benefits that spill over
In preparation
No. 12

Merit, demerit and information

when buyers misjudge
In preparation
No. 13

Public goods

free riders and missing markets
In preparation
No. 14

Market power

one seller, or a few
In preparation
No. 15

Income inequality

the Lorenz curve and the Gini
In preparation
No. 16

Volatile prices and price controls

floors, ceilings and buffer stocks
In preparation
No. 17

Government failure

when the cure costs more
In preparation

The whole economy

No. 18

Macroeconomic objectives

growth, jobs, prices and the current account
In preparation
No. 19

Circular flow and the multiplier

income, output and expenditure
In preparation
No. 2013 pages

Aggregate demand and supply

the economy on one diagram the economy on one diagram
No. 21

Fiscal policy

taxes, spending and the budget
In preparation
No. 22

Monetary policy

interest rates and the central bank
In preparation
No. 23

Exchange rates

the price of a currency
In preparation
No. 24

Supply side policy

shifting the long run
In preparation
No. 25

Trade and protection

a tariff on a diagram
In preparation
No. 26

Policy conflicts

trade-offs between objectives
In preparation

Firms and market structures

No. 27

Costs in the short run

diminishing returns and the U
In preparation
No. 28

Costs in the long run

economies of scale and the envelope
In preparation
No. 29

Growth of the firm

mergers, integration and why
In preparation
No. 30

Efficiency

allocative, productive, dynamic, X
In preparation
No. 31

Market structures

the spectrum and barriers to entry
In preparation
No. 3213 pages

Perfect competition

price takers and the long run price takers and the long run
No. 3311 pages

Monopoly

price makers and supernormal profit price makers and supernormal profit
No. 34

Monopolistic competition

many sellers, slightly different
In preparation
No. 35

Oligopoly and game theory

few sellers, watching each other
In preparation
No. 36

Contestable markets

the threat of entry
In preparation
No. 37

Business objectives

profit, revenue, sales, satisficing
In preparation
No. 38

Competition policy

regulators and mergers
In preparation
No. 39

Nationalisation and privatisation

who should own it
In preparation

Policy and the world

No. 40

The Phillips curve

inflation against unemployment
In preparation
No. 41

Economic growth

actual, potential and the frontier
In preparation
No. 42

Unemployment

types, costs and cures
In preparation
No. 43

Inflation and deflation

causes and the costs of each
In preparation
No. 44

The balance of payments

the current and financial accounts
In preparation
No. 45

Exchange rates and the J curve

when a devaluation works
In preparation
No. 46

Fiscal policy and the national debt

deficits, debt and sustainability
In preparation
No. 47

Monetary policy and QE

unconventional tools
In preparation
No. 48

The financial sector and bubbles

banks, credit and crashes
In preparation
No. 49

Comparative advantage

why trade makes both richer
In preparation
No. 50

Free trade and protectionism

tariffs, quotas and welfare
In preparation
No. 51

Trade blocs and the euro

customs unions and currency areas
In preparation
No. 52

Globalisation

flows of goods, capital and people
In preparation
No. 53

Measuring development

GDP and beyond
In preparation
No. 54

Obstacles to development

traps and bottlenecks
In preparation
No. 55

Development strategies

aid, trade and industrialisation
In preparation