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Economics - Macro

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

By: Chris Jenkins
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Decks in this class (20)

Key Terms
Define exports,
Define inventories,
Define final goods
23  cards
Long Run Aggregate Supply
What things can cause a shift in ...
1  cards
Ch24 - National Economics Performance
Define inflation,
What 4 things are used to indicat...,
What are 2 problems with high inf...
5  cards
Short Run Aggregate Supply
Define short run,
What things cause a shift in the ...,
What does the aggregate supply cu...
4  cards
Ch25 Circular Flow Of Income
What withdrawals are there,
What injections are there,
What are transfer payments
19  cards
Ch26 Economics Growth
Reasons for gdp fluctuations,
4 stages of business cycle,
What are demand side shocks
16  cards
Ch27 Economics Growth And Welfare
What are two benefits of growth,
What is ni and economic growth,
What 4 arguments are there agains...
7  cards
Ch28 The Economics Of Happiness
Define the economics of happiness,
What is the correlation between g...,
What other 4 main factors can aff...
3  cards
Ch29 Employment And Unemployment
What are the 4 types of unemployment,
3 factors that affect the number ...,
What are the 3 types of structura...
29  cards
Ch36 AD
Define aggregate,
How do you work out ad,
Define aggregate demand
20  cards
Revisin Guide Stuff
What is potential economic growth,
What is actual economic growth,
What two things must be applied w...
14  cards
Current Account And Balance Of Payments
Define balance of payments,
Look,
Define current account
11  cards
Measures Of Development
What is hdi,
What is economic development,
What are the three elements of hdi
3  cards
Fiscal Policy
Four examples of government spending,
Define fiscal policy,
What is a fiscal deficit
20  cards
Long run AS
What is the classical view to as,
Define as,
What is the keynesian view to as
5  cards
Macroeconomic Objectives Of Governements
What are two other macroeconomic ...,
What are the four main macroecono...,
Explain the conflict between 2 in...
7  cards
Monetary Policy
4 costs of inflation,
Define monetary policy,
4 benefits of inflation
5  cards
Supply-side Policies
Examples of ssp,
What are supply side policies,
3 ways to achieve ssp
4  cards
Confliction Between Macroeconomic Policies
Fiscal policy and monetary policy,
Fiscal policy and supply side policy,
Mp and ssp
3  cards
Exam Technique
4 markers on macro exam
1  cards

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Economics - Macro

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