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A-level Economics- Theme 2

This class was created by Brainscape user Aneesh Singh. Visit their profile to learn more about the creator.

By: Aneesh Singh
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Decks in this class (15)

Economic Growth
What is gdp,
What does gdp also represent,
How reliable is gdp as a measure ...
13  cards
Conflicting Macroeconomic Policies
What are 3 conflicting macroecono...,
How do fiscal and supply side pol...,
How do fiscal and monetary policy...
4  cards
Success of demand-side & supply-side polices in the real world 🌎
What was economic growth like bef...,
What was inflation like before du...,
Why is a target of 2 inflation im...
9  cards
Conflicts & Trade-offs between the Macroeconomic Objectives
How many conflicts and trade offs...,
What are the conflicts trade offs...,
What are the conflicts trade offs...
14  cards
Supply side policies
What are supply side policies,
What are the types of supply side...,
How can the effectiveness of mark...
5  cards
Demand side policies
How many targets does the mpc hav...,
What is unique about interests ra...,
What are the 2 types of demand si...
32  cards
Macroeconomic Objectives & Policies
How many macroeconomic objectives...,
What are the macroeconomic object...
2  cards
Causes of Economic Growth
What are the 2 types of economic ...,
What is actual economic growth,
What is potential economic growth
24  cards
Circular flow of income
Define households in the circular...,
Define firms in the circular flow...,
What is he relation between
17  cards
Aggregate Supply
What is aggregate supply,
Why does the short run as curve s...,
What are short run shifts known as
10  cards
Aggregate Demand
What is ad,
What is the ad formula,
How does ad respond to a change i...
27  cards
Balance of Payments
Define balance of payments,
What is the current account,
What are trade in goods
21  cards
Employment & Unemployment
What is the employment level,
What is the employment rate,
Define workforce
38  cards
Inflation
What is inflation,
What is a consequence of inflation,
What is deflation
22  cards
Purchasing Power Parities (PPPs)
What is ppp,
What does ppp tell you,
How is ppp used to compare gdp le...
9  cards

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A-level Economics- Theme 2

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