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ECON 203

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

By: Nathan Bhandari
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Decks in this class (13)

Chapter 5
Define gross domestic product gdp,
Define final good,
What are the issues associated wi...
12  cards
Chapters 5 - 7
What is the price index formula,
Define price level,
Define consumer price index
14  cards
Sales and Investment (CH.8)
What is the difference between a ...,
Define national saving and what i...,
What is the classical identity fo...
8  cards
Deficits and Public Debt (CH 8)
What is the modified government b...,
Define government debt,
How is debt measured accurately
8  cards
Unemployment and Business Cycle (CH 9 - 14)
Define labour force,
Define participation rate and giv...,
Define unemployment rate
16  cards
Chapter 1 and 2
Define scarcity,
Define economics,
What are resources inputs factors...
11  cards
Monetary Policy Tools
Define monetary policy,
What are open market operations,
What does the purchasing of bonds...
12  cards
Balance of Payments
Define debit,
Define credit,
Balance of trade
13  cards
Exchange Rates
Define exchange rate,
Define appreciation,
Define depreciation
12  cards
Trade Policies and Agreements
Define free trade,
Define protectionism,
Define and list the types of tariffs
11  cards
Aggregate Demand and Aggregate Supply (CH 14)
0  cards
Monetary and Fiscal Policy (CH 15 and 17)
0  cards
International Trade Theory (CH 3)
0  cards

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ECON 203

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