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ECON 111

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

By: Miguel Antonio
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Decks in this class (14)

CH10: Saving, investment and the financial system
Examples of financial markets and...,
Formula for gdp y,
Formula for gndi
7  cards
CH 9: Production and Growth
What is the rule of 70,
Define productivity,
Define factors of production
11  cards
CH 7: Measuring a nation's income
Define gdp,
What does gdp exclude,
Formula for gdp and gndp
6  cards
CH 8 : Measuring the Cost of Living
Define inflation,
What is the cpi,
Calculating cpi
9  cards
CH12 : Unemployment and its natural rate
Define natural unemployment,
Define cyclical unemployment,
Define employed
14  cards
CH13: The Monetary System
What are the 4 functions of money,
Function of central bank,
What is the ocr
9  cards
Ch14: Money Growth and Inflation
Define inflation deflation disinf...,
Headline inflation core inflation,
What is the fisher effect
7  cards
CH15, CH10, CH16: Open Economy Macro
Define the trade balance,
Factors that affect net exports,
What is the balance on payments
9  cards
Exchange Rates CH10
What is the exchange rate,
What is a freely floating exchang...,
Effect of increase in nz interest...
10  cards
CH 16 : Policies on Open Economy
Effect of govt deficits,
Trade policies,
Political instability
3  cards
CH17: AD and AS
What ad factor goes down the most...,
Relationship between unemployment...,
3 reasons why ad curve slopes dow...
9  cards
CH18: Influence on Monetary Fiscal Policy on AD
How do interest rates affect qd f...,
Effect of mp on q of g s demanded,
What is fiscal policy and who doe...
5  cards
Ch19: Short-run trade-off between inflation and employment
Cost of lowering unemployment by ...,
What does phillips curve illustrate,
What is the long run phillips curve
10  cards
CH20: Five debates over macroeconomic policy
Should mp and fp makers try to st...,
Should mp be made by rule rather ...,
Should central bank aim for zero ...
5  cards

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ECON 111

  • Class purpose General learning

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