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

Decks in this class (13)

Economic Growth
What causes short run economic gr...,
What causes long run economic growth,
What is a boom
17  cards
Fiscal policy
Loose fiscal policy,
Tight fiscal policy,
Automatic stabilisers
21  cards
Measuring Economic Performance
What are the four main economic i...,
What is national output,
What is the rate of economic growth
13  cards
Measuring Inflation
Inflation,
Deflation,
Hyperinflation
16  cards
Balance of Payments
What are the three accounts on th...,
What are the four sections on the...,
What is the trade in goods
12  cards
Unemployment
What is the claimant count,
What is jsa,
Benefits of the claimant count
20  cards
Aggregate Demand
What is consumption,
What percentage of ad is consumption,
What is the relationship between ...
34  cards
Aggregate Supply
Aggregate supply,
How long is the short run,
How long is the long run
26  cards
Circular Flow
What is the physical flow from h ...,
What is the physical flow from f ...,
What is the monetary flow from h ...
25  cards
UK recent macroeconomic performance
What was inflation rate in octobe...,
What was inflation rate in octobe...,
Current interest rate
9  cards
Government Policy Objectives
Why do governments want to distri...,
How does the government redistrib...,
What are the benefits of higher i...
24  cards
Monetary Policy
Loose monetary,
Loose monetary,
What is the main aim of monetary ...
21  cards
Supply Side Policy
What is the aim of supply side po...,
Free market supply side policy,
Interventionist supply side policy
8  cards

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Economics Theme 2

  • Class purpose General learning

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