This class was created by Brainscape user Sophie Smith. Visit their profile to learn more about the creator.
By:
Sophie Smith
- decks
- flashcards
- learners
Decks in this class (21)
Objectives of government economic policy
What are the objectives,
3 main policy instruments,
What is policy indicator
4
cards
Economic growth
What is economic growth,
What is gdp,
What are the benefits of economic...
16
cards
Full employment or low level of unemployment
What is full employment,
What does it mean to be economica...,
What is unemployment
8
cards
Price Stability and Satisfactory balance of payments
What is inflation,
What does inflation lead to,
When does inflation occur
32
cards
Productivity and Government Debt
What is labour productivity,
What is capital productivity,
What is a budget deficit
3
cards
Calculation of economic indicators
Nominal gdp per capita,
Growth rate of real gdp,
Growth rate of real gdp per capita
6
cards
Index numbers
Index number calculation,
What does nominal gdp measure,
What does real gdp measure
4
cards
Circular flow of income
To produce the flow of national o...,
Examples of physical capital goods,
What is a stock variable
29
cards
Aggregate Demand
Definition of aggregate demand,
Equation for ad,
What is ad c i g x m
24
cards
Short-run aggregate supply
What does short run mean,
What is aggregate supply,
What is short run aggregate supply
8
cards
Long-run aggregate supply
What does the long run mean,
What does an outward shift of lra...,
What factors affect lras
6
cards
Economic Growth and Cycle
What are the 4 phases of economic...,
What is a boom expansion,
What is slowdown
16
cards
Employment and unemployment
What is claimant count,
What is labour force survey,
What is long term unemployed
27
cards
Inflation and deflation
What is demand pull inflation,
Causes of demand pull inflation,
What is cost push inflation
26
cards
Balance of Payments
What is balance of payments,
What is current account,
Causes of current account deficit
20
cards
Conflicts between macroeconomic policy objectives
Examples of policy conflicts,
What happens if there is rapid ec...,
When economy is growing very quic...
20
cards
Monetary Policy
Definition of monetary policy,
Points of expansionary monetary p...,
Points of deflationary monetary p...
55
cards
Fiscal Policy
Fiscal policy definition,
Roles of fiscal policy,
What does it mean for fiscal poli...
29
cards
Structure of financial markets and financial assets
What does money function as,
What is money supply,
What is narrow money
35
cards
Commercial banks and investment banks
What is banking credit,
What is bank capital,
What are bank reserves
35
cards
Economic Growth And Development
What is economic growth short run,
What is economic growth long run,
Economic development
19
cards
More about
Economics- Macro
- Class purpose General learning
Learn faster with Brainscape on your web, iPhone, or Android device. Study Sophie Smith's Economics- Macro flashcards now!
How studying works.
Brainscape's adaptive web mobile flashcards system will drill you on your weaknesses, using a pattern guaranteed to help you learn more in less time.
Add your own flashcards.
Either request "Edit" access from the author, or make a copy of the class to edit as your own. And you can always create a totally new class of your own too!
What's Brainscape anyway?
Brainscape is a digital flashcards platform where you can find, create, share, and study any subject on the planet.
We use an adaptive study algorithm that is proven to help you learn faster and remember longer....
Looking for something else?
Economics REVISION 2 (Macro)
- 37 decks
- 644 flashcards
- 35 learners
Decks:
Introducing Macroeconomics, Circular Flow Of Income, Measuring National Income, And more!
Macro/Microeconomics
- 18 decks
- 385 flashcards
- 34 learners
Decks:
Ch 1 Economics The Core Issues, Ch 2 The Us Economy A Global View, Ch 3 Supply And Demand, And more!
economics
- 33 decks
- 948 flashcards
- 1 learners
Decks:
Perfect Competition Imperfectly Competit, Labour Market, Monetary Policy, And more!
