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

Decks in this class (22)

Measures of Economic Performance - Economic Growth
Economic growth 1,
Other national income measures 2,
Purchasing power parity ppp 3
6  cards
Measures of Economic Performance - Inflation
Inflation 1,
Calculating inflation using the c...,
Other measures of inflation 3
19  cards
Measures of Economic Performance - Employment and Unemployment
0  cards
Measures of Economic Performance - Balance of Payments
Balance of payments terms 1,
Running a current account deficit 2,
Current account on the balance of...
5  cards
Aggregate Demand - Consumption (c) and savings (s)
Characteristics of ad 1,
Benefits and costs of rising cons...,
Factors influencing consumption c 3
7  cards
Aggregate Demand - Investment
Investment 1,
Factors influencing investment 2,
Why do firms invest 3
5  cards
Aggregate Demand - Government Consumption (G) and net trade (x-m)
Government consumption g 1,
Government spending and the trade...,
Role of government spending 3
7  cards
Aggregate Demand AD
The aggregate demand curve 1,
Factors that shift the ad curve 2,
Blank 3
3  cards
Aggregate Supply
The aggregate supply curve 1,
Factors that shift the sras curve 2,
Factors that shift the lras curve 3
5  cards
Aggregate Supply - Keynesian
The keynesian aggregate supply cu...,
Shifts in the keynesian as 2,
Summary of key factors that shift...
3  cards
The Multiplier
The multiplier 1,
The multiplier process 2,
The multiplier coefficient 3
8  cards
Causes of Economic Growth
Short run v long run growth 1,
Factors which cause short run eco...,
Factors which cause long run econ...
6  cards
Output Gaps
Negative output gap 1,
Positive output gap 2,
Negative output gap 3
6  cards
Trade cycle (the economic or business cycle)
Trade cycle 1,
Phases of the trade cycle 2,
Causes of a recession 3
6  cards
Trade and economic shocks
Economic shocks 1,
Features of a recession 2,
Economic scarring 3
9  cards
Impact of economic growth
Benefits of economic growth 1,
Costs of economic growth 2,
Kuznets curve 3
4  cards
Possible Macroeconomic objectives & conflicts
The main macroeconomic objectives 1,
Macroeconomic conflicts or trade ...,
Phillips curve 3
7  cards
Demand-side policies - Fiscal Policy
Demand side policies 1,
Fiscal policy taxation 2,
Public spending 3
6  cards
Demand Side policies - Monetary Policy
Demand side monetary policy 1,
Inflation target 2,
Monetary policy transmission mech...
12  cards
Supply-Side policies: market based
Supply side policies ssps 1,
Main aims of ssps 2,
Market based ssps 3
5  cards
Supply-Side policies: interventionist
Interventionist ssps 1,
Types of interventionist ssps 2,
Ideas for evaluation of market ba...
5  cards

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Economics A-Level

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A Level Economics
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  • 1987 flashcards
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Decks: Section 1 The Economic Problem, Section 2 Competitive Markets, Section 3 Business Economics, And more!
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