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A2 Macro Economics

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

By: Anisah Patankar
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Decks in this class (12)

4.1.4 Globalisation
What is meant by globalisation,
What are the characteristics of g...,
Give six factors which have contr...
9  cards
4.1.2 Specialization and Trade
What are some reasons for interna...,
What is absolute advantage,
What is comparative advantage
6  cards
4.1.4 Terms of trade
What is meant by the terms of trade,
How is the terms of trade calculated,
How does the terms of trade affec...
5  cards
4.1.5 Trading Blocs and world trade organisations
What are trading blocs,
How do trading blocs result in tr...,
How do trading blocs result in tr...
14  cards
4.1.6 restrictions on free trade
What are some reasons for countri...,
What are some methods which count...,
How could quotas be used to restr...
8  cards
4.1.7 Balance of Payments
What are the three components of ...,
What is the current account,
What are the main sections of the...
11  cards
4.1.8 Exchange rates
What is an exchange rate,
What is a floating exchange rate,
What are fixed exchange rates
15  cards
4.1.9 International competitiveness
What is meant by international co...,
What are some factors which might...,
What is meant by export led growth
5  cards
4.5.1 public expenditure
What are some reasons for governm...,
What is meant by capital expenditure,
What is meant by current expenditure
8  cards
4.5.2 taxation
What is meant by progressive taxe...,
What is meant by proportional tax...,
What is meant by regressive taxes...
12  cards
4.5.3 public sector finances
What is meant by a fiscal deficit,
What is meant by the national debt,
What is a cyclical deficit
11  cards
4.5.4 macroeconomic policies in a global context
What are automatic stabilisers,
What is meant by discretionary fi...,
What is meant by monetary policy
16  cards

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A2 Macro Economics

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