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Ash Pemberton
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Decks in this class (25)
2.1.1 - Economic Growth
What is gdp,
Which are the three ways of calcu...,
What are the benefits of the gdp ...
21
cards
2.1.2 - Inflation
What is inflation,
How is the rate of inflation meas...,
What is deflation
22
cards
2.1.3 - Unemployment
Ilo measure of unemployment,
Claimant count,
Positives and negatives of labour...
13
cards
2.1.4 - Balance of payments
What is the balance of payments,
What are the three main accounts ...,
What is the current account
11
cards
2.2.1 - Aggregate Demand
What is aggregate demand,
What are the components of aggreg...,
The real income effect
6
cards
2.2.2 - Consumption
What is consumption,
What is the marginal propensity t...,
Factors affecting consumption
8
cards
2.2.3 - Investment
Influences on investment,
What is investment,
What is the difference between gr...
6
cards
2.2.4 - Government Spending
Budget deficit,
Budget surplus,
Balanced budget
9
cards
2.2.5 - Net Trade (X-M)
Influences on net trade balance,
Trade surplus,
Trade deficit
4
cards
2.3.1 - Characteristics Of Aggregate Supply
What is aggregate supply,
What is short run aggregate suppl...,
What is long run aggregate supply...
3
cards
2.3.2 - Short Run Aggregate Supply
What is short run aggregate suppl...,
Aggregate supply and spare capacity,
Causes of shifts in sras
6
cards
2.3.3 - Long Run Aggregate Supply
Factors influencing lras,
What is productivity,
How can productivity be measured
5
cards
1.1.1 - 1.1.3 Economics as a Social Science
Positive statements,
Ceteris paribus,
Normative statements
10
cards
1.1.4 - PPF
Ppf,
Production possibility frontiers,
Inside the ppf curve
8
cards
2.4.1 - National Income
What is the circular flow of income,
What s the difference between a b...,
What is income
10
cards
2.4.2 - Injections and Withdrawals
What are injections into the circ...,
What are withdrawals into the cir...,
How do injections and withdrawals...
3
cards
2.4.3 - Equilibrium Real National Output
When does equilibrium national in...,
Ad as diagrams impact of an incre...,
Ad as diagrams impact of a fall i...
6
cards
2.4.4 - The Multiplier
What is the multiplier effect,
How do you calculate the multipli...,
What is the formula for multiplier
10
cards
2.5.1 - Causes of Economic Growth
Short run economic growth,
Long run economic growth,
Export led growth
6
cards
2.5.2 - Output Gaps
Output gap,
Positive output gap,
Negative output gap
4
cards
2.5.3 - Trade Cycle
Boom,
Recession,
Characteristics of a boom
7
cards
2.5.4 - Impact of Economic Growth
Benefits of economic growth,
Costs of economic growth,
Impact of economic growth depends on
3
cards
2.6.1 - Macroeconomic objectives
Macroeconomic objectives
1
cards
2.6.2 - Demand side policies
Fiscal policy,
Aspects of government spending,
Justifications for government spe...
7
cards
AS Microeconomics application
Demand and supply application,
Impacts of covid 19 application,
Complementary goods application
21
cards
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AS Edexcel Economics
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