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

Decks in this class (13)

Chapter 6 - Measurement Of Macroeconomic Performance
What is a policy objective 1,
What is short run economic growth 2,
What is long run economic growth 3
40  cards
Microeconomics Demand&Supply
What is the economic problem 1,
What is opportunity cost 2,
Law of demand definition 3
15  cards
how the macroeconomy works (chapter 7)
Why are higher prices needed to i...,
What are factors that shift the s...,
What does the long run aggregate ...
43  cards
chapter 8 - economic performance
Supply side influence on the econ...,
Demand side influence on the econ...,
What is the trend growth rate def...
75  cards
market failure microeconomics
Definition of market failure 1,
What is partial market failure 2,
What is complete market failure 3
33  cards
micro demand
Blank 1,
Definition of demand 1
2  cards
Macroeconomic policy chapter 9
What is monetary policy 1,
Who implements monetary policy 2,
What is the main monetary policy ...
10  cards
costs and revenue
What is marginal revenue 1,
Marginal revenue formula 2,
When is profit maximised 3
10  cards
financial markets
What is a liability 1,
What is an asset 2,
What are the functions of money 3
43  cards
market structures
What are market structures 1,
Assumptions and characteristics o...,
Does allocative efficiency occur ...
7  cards
unemployment
Economically active meaning 1,
Economically inactive 2,
Claimant count 3
17  cards
behavioural economics
What does behavioural economics a...,
What is bounded rationality 2,
Effect of bounded rationality on ...
4  cards
The labor supply
What type of demand is demand for...,
What is marginal physical product...,
What is marginal revenue product ...
5  cards

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Economics

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