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A level Macro-economics

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

By: Joseph Schumacher
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Decks in this class (13)

Macro objectives and indicators
Gdp 1,
Nominal gdp 2,
Real gdp 3
26  cards
AD and AS diagrams
Aggregate demand formulae 1,
Why is the ad curve downward slop...,
National income 3
10  cards
Multiplier and accelerator
Multiplier effect 1,
Multiplier effect formula 2,
Marginal propensity to consume mpc 3
6  cards
Macro economic growth
What is short run economic growth 1,
Factors affecting short run econo...,
What is long run economic growth 3
11  cards
Keynes vs Classical economics
Keynes views elastic lras 1,
Hayeks views inelastic lras 2
2  cards
Unemployment
Two methods of measuring unemploy...,
Full employment 2,
Voluntary unemployment 3
12  cards
Inflation
Types of inflation 1,
Types of deflation 2,
Costs of inflation 3
4  cards
Balance of Payments
Current account measures 1,
Factors affecting current account...,
What is the difference between a ...
15  cards
Government budget
Reasons for a budget deficit 1,
Cyclical fiscal balance 2,
Structural fiscal balance 3
9  cards
Globalisation and trade
Free trade 1,
Absolute advantage 2,
Comparative advantage check book ...
21  cards
Exchange rates
Freely floating exchange rate 1,
Advantages of a freely floating e...,
Disadvantages of a freely floatin...
13  cards
Economic Growth & Development
Human development index hdi 1,
Social progress index spi 2,
The multi dimensional poverty ind...
9  cards
Financial Markets
4 functions of money 1,
Characteristics of money 2,
Difference between narrow and bro...
27  cards

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A level Macro-economics

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A Level Economics
  • 50 decks
  • 1987 flashcards
  • 1176 learners
Decks: Section 1 The Economic Problem, Section 2 Competitive Markets, Section 3 Business Economics, And more!
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