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Decks in this class (25)

4 Macroeconomic Objectives
Economic growth,
Inflation,
Employment and unemployment
4  cards
Economic Growth 2.1.1
What is economic growth,
Actual growth,
Gdp
7  cards
Inflation 2.1.2
Inflation,
Deflation,
Disinflation
20  cards
Employment and unemployment 2.1.3
Employment,
Unemployment,
How to measure unemployment
23  cards
Balance of Payment 2.1.4
Balance of payment,
Current account,
Causes of current account deficit
8  cards
Aggregate Demand 2.2.1
Aggregate demand,
Formula for ad,
Real balance effect on ad
6  cards
Consumption 2.2.2
Consumption,
Marginal propensity to consume,
Formula for mpc
14  cards
Investment 2.2.3
Influence of economic growth on i...,
Influence of interest rates on in...,
Influence of access to credits on...
3  cards
Government Expenditure 2.2.4
What does the government do in ti...,
What does the government do in ti...,
Fiscal policy
3  cards
Net trade 2.2.5
Influence of real income on net t...,
Influence of exchange rate on net...,
Influence on the state of the wor...
5  cards
Aggregate Supply 2.3.1
Aggregate supply
1  cards
Short Run AS 2.3.2
Main cause of the shift in as is,
How does the change in cost of ra...,
How does the change in the exchan...
4  cards
Long Run AS 2.3.3
Laras,
How does technological,
How does changes in the relative ...
4  cards
National Income 2.4.1
Wealth,
National income,
Income
5  cards
Injections and withdraws 2.4.2
Injection,
Leakage
2  cards
Equilibrium level of real national output 2.4.3
Equilibrium,
What happens if the prices are hi...,
What happens if the prices are lo...
3  cards
The multiplier 2.4.4
What id the idea of the multiplie...,
What happens if the injections in...,
What happens if the leakages incr...
9  cards
Economic growth 2.5.1
How does economic growth occur,
Effects of economic growth on inc...,
Effects of economic growth on inc...
5  cards
Trade cycle 2.5.3
Characteristics of a boom,
Characteristics of a recession
2  cards
The impact of economic growth 2.5.4
Impact of economic growth on cons...,
Impact of economic growth on firms,
Impact of economic growth on gove...
4  cards
Possible Macroeconomic objectives 2.6.1
Other macroeconomic objectives,
Main macro economic objective
2  cards
Demand side policies 2.6.2
What are demand side policies,
2 types of demand side policies,
Aims of monetary policy
19  cards
Supply side Policies 2.6.3
What are supply side policies,
Interventionist policies,
What will cutting corporation tax...
4  cards
Conflict Trade offs between objectives and policies 2.6.4
Economic growth vs protection of ...,
Economic growth vs balance of pay...
2  cards
Income and wealth
Lorenz curve,
What goes on the y axis on the lo...,
What goes on the x axis on the lo...
7  cards

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Economics Theme 2

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