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Ryan Jones
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Decks in this class (42)
Macro Objectives of Government (Growth, Unemployment, Inflation, Trade - TIGERS )
What is macroeconomics 1,
What does the acronym tigers stan...,
What is economic growth 3
20
cards
Circular Flow of Income
What is the circular flow of inco...,
Who are the two fundamental econo...,
What do households provide to fir...
31
cards
Index Numbers
What is an index number 1,
Why do we use index numbers 2,
What is the base period in an ind...
5
cards
Aggregate Demand- Shifts and the Downward Slope
What is aggregate demand ad 1,
What is the equation for aggregat...,
Why does the ad curve slope downw...
15
cards
Consumer Spending and Aggregate Demand
What is consumption in the contex...,
What is the marginal propensity t...,
How does an increase in real disp...
14
cards
Savings and aggregate demand - Determinants of savings
What is saving in economic terms 1,
How does an increase in savings a...,
How does real disposable income a...
12
cards
Investment and AD
How does investment affect aggreg...,
What is investment in macroeconom...,
How do interest rates affect inve...
13
cards
Government spending and AD
How does government spending affe...,
What is current government spendi...,
What is capital government spendi...
12
cards
Net Exports and AD
What is the formula for aggregate...,
What happens to ad if x m increas...,
What can cause x m to increase 3
21
cards
Aggregate Supply- SRAS and LRAS (Classical and Keynes)
What are the two main types of ag...,
What is sras 2,
Why is sras upward sloping 3
45
cards
Macroeconomic Equlibrium
What is macroeconomic equilibrium 1,
In the classical model what are t...,
When does short run equilibrium o...
13
cards
Macroeconomic Equilibrium shifts- AD, SRAS, LRAS
What happens when ad shifts to th...,
What is demand pull inflation 2,
What is a negative output gap 3
19
cards
AS/AD shifts & Macro indicators- Exam Technique
What happens when ad shifts to th...,
Why does real gdp increase when a...,
Why does unemployment fall when g...
15
cards
Multiplier effect and Accelerator
What is the multiplier effect 1,
How does the multiplier effect wo...,
Multiplier formula basic version 3
15
cards
Output Gaps
What is an output gap 1,
What is a negative output gap 2,
What does a negative output gap i...
22
cards
Measures of Economic Growth & Living Standards- GNI, GDP, GDP per capita, Green GDP
What is gdp gross domestic product 1,
What is gni gross national income 2,
What is gdp per capita 3
30
cards
Causes of Economic growth (Short Run and Long Run)
What is economic growth 1,
What does an increase in ad lead ...,
What is the difference between sh...
10
cards
The Economic Cycle (Business cycle) - Stages, characteristics and causes
0
cards
Costs and Benefits of Economic Growth for Living standards (With Evaluation)
0
cards
How is Unemployment Measured? - Labour Force Survey (LFS)
0
cards
Types and Causes of Unemployment( Cyclical, Structural, Frictional and More)
0
cards
The Natural Rate of Unemployment
0
cards
Costs and benefits of Unemployment
0
cards
The CPI Inflation Measure- Constructing and Calculating a CPI Index
0
cards
Causes of Inflation- Demand Pull and Cost Push Inflation
0
cards
Costs and Benefits of Inflation
0
cards
Deflation- Causes and Consequences (Deflation can be deadly!)
0
cards
Government Spending and Taxation- Types and Reasons
0
cards
Progressive, Proportional and regressive tax systems
0
cards
Fiscal Policy- Government Spending and Taxation
0
cards
Fiscal Policy- Problems and Evaluation
0
cards
Automatic Stabilizers of Fiscal Policy
0
cards
Rising Budget Deficits and National Debt- Pros and Cons and Evaluation
0
cards
Contractionary fiscal policy (Deficit & Debt Reduction) Pros, Cons, Eval
0
cards
Monetary Policy- Interest Rates, Money Supply & Exchange Rate
0
cards
Monetary Policy- Problems and Evaluation
0
cards
Contractionary Monetary Policy- Higher Interest Rates
0
cards
Supply Side Policies( Interventionist and Market Based) with Evaluation
0
cards
Policies to Increase Growth & Living Standards- With Eval
0
cards
Policies to reduce Unemployment (Cyclical, Structural and Frictional) - With Evaluation
0
cards
Policies to Reduce Inflation (Demand Pull, Cost Push)- With Eval
0
cards
Macro Policy Tradeoffs with Evaluation
0
cards
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Economics Macro Y1
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