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Millie Adkins
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Decks in this class (21)
2.1.1- Economic Growth
What is economic growth,
What is gross domestic product,
What are real values
18
cards
2.1.2- Inflation
What is inflation,
What is the uk target per annum f...,
What is deflation
33
cards
2.1.3- Employment
What is unemployment,
What is long term unemployment,
What is youth unemployment
25
cards
2.1.4-Balance Of Payments
What is balance of payments,
What is balance of payments made ...,
What is the current account
22
cards
2.2.1- The Characteristics Of AD
What is aggregate demand,
What is the formula for ad,
What is consumption
18
cards
2.2.2- Consumption
What is consumption,
What is disposable income,
Where does income come from
22
cards
2.2.3- Investment
What is investment,
What is gross investment,
What is net investment
16
cards
2.2.4- Government Spending
What are the influences on govern...,
How does the trade cycle influenc...,
What is fiscal policy
13
cards
2.2.5- Net trade
What is net trade,
When is the trade balance in surplus,
When is the trade balance in deficit
12
cards
2.3.1 And 2.3.2- AS
What is aggregate supply,
Why is the curve upward sloping,
What is short run
9
cards
2.3.3- Long Run AS
What is as like in the long run o...,
Can lras be exceeded on the class...,
What does the keynesian diagram show
14
cards
2.4.1- National Income
What is income,
What is wealth,
What are injections
6
cards
2.4.4- The Multiplier
What is the multiplier ratio,
What is the multiplier effect,
How does the multiplier effect work
17
cards
2.5.1- Causes Of Growth
How do changes to land cause econ...,
What is an example of a developin...,
How do changes to labour cause ec...
16
cards
2.5.2- Output Gaps
What is an output gap,
What is long run trend rate of gr...,
Why are output gaps difficult to ...
3
cards
2.5.3-Trade Cycle
What is the trade cycle,
What is a boom,
Why are booms short lived
14
cards
2.6.1- Possible Macroeconomic Policies
What are the 7 key macroeconomic ...,
What is the gov aim for balance o...,
What is the aim for unemployment
14
cards
Influence Of Exchange Rate On GMEOs
What happens to import prices whe...,
What happens to the cost of raw m...,
What happens to interest rates if...
9
cards
2.6.2- Demand Side Policies UNFINISHED
What is a demand side policy,
What is monetary policy,
What does the money supply include
22
cards
2.6.3- Supply Side Policies
What do supply side policies aim ...,
What is a free market ssp,
What is an interventionist ssp
16
cards
2.6.4- Comflicts And Tradeoffs Between Objectives And Policies
What is the trade off between gro...,
What is an example of conflicts b...,
What happens if the economy grows...
13
cards
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Economics Theme 2
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