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Decks in this class (13)
Circular flow of income model
Why are economic models so import...,
What are the four key parts of th...,
How do households generate money ...
35
cards
AD/AS Model
When does macroeconomic equilibri...,
What is on the vertical axis of a...,
What is on the horizontal axis of...
18
cards
Quant Skills
What is the equation for percenta...,
What is the equation for real gdp 2,
What is the equation for nominal ...
12
cards
Multiplier + accelerator effect
What is the definition of the mul...,
What is a positive multiplier 2,
What is a negative multiplier 3
9
cards
Consumption
What is consumption 1,
What proportion of uk gdp does co...,
What is disposable income 3
33
cards
Economic Cycles
What is an economic cycle 1,
What does actual gdp growth rate ...,
What is the estimated trend growt...
28
cards
Economic Growth
How is long run growth defined 1,
How could lower interest rates le...,
How might rising asset prices con...
23
cards
LRAS and Keynesian AS
How is the long run production fu...,
What determines lras 2,
Why do we draw the lras curve as ...
5
cards
Unemployment
Employment rate definiton 1,
Unemployment rate definiton 2,
Labour force definition 3
37
cards
Inflation
Define inflation 1,
Define deflation 2,
Define disinflation 3
77
cards
Monetary policy
What is the main monetary policy ...,
What is the main target of the ba...,
Which group at the boe is tasked ...
47
cards
Monetary policy transmission mechanism
What is the monetary policy trans...,
What happens to market interest r...,
What happens to household consump...
10
cards
Conflicting Objectives
What are the 8 macroeconomic obje...,
Why does a positive output gap le...,
Why does a negative output gap le...
40
cards
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Economics- Macro
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