Economics - Theme 2 (Macro Economics)

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Decks in this class (24)

2.1.1 - Economic Growth
What is real growth 1,
What is potential growth 2,
What is gross domestic product gdp 3
34  cards
2.1.2 - Inflation
What is inflation price level 1,
What is inflation purchasing power 2,
How is inflation changes in the p...
28  cards
2.1.3 - Employment and Unemployment
Blank 1,
Blank 2,
Blank 3
12  cards
2.1.4 - Balance of Payments
What is the balance of payments 1,
Blank 2,
Blank 2
18  cards
2.2.1 - The Characteristics of Aggregate Demand (AD)
What is aggregate demand 1,
Blank 2,
Blank 3
11  cards
2.2.2 - Consumption (C)
What is consumption 1,
Determinants of consumption wealth 2,
Determinants of consumption income 3
14  cards
2.2.3 - Investment (I)
What is investment 1,
What is gross domestic fixed capi...,
What does a wider definition of i...
34  cards
2.2.4 - Government Spending (G)
Blank 1,
What is govt spending 2,
Blank 3
10  cards
2.2.5 - Net Trade (X-M)
What is net trade 1,
Blank 2,
Blank 3
13  cards
2.3.1 - The Characteristics of Aggregate Supply (AS)
What is aggregate supply 1,
Blank 2,
Blank 3
16  cards
2.3.2 - Short Run AS
Blank 1,
Blank 2,
Blank 3
12  cards
2.3.3 - Long Run AS
Blank 1,
Blank 2,
Blank 3
10  cards
2.4.1 - The Circular Flow of Income
Blank 1
1  cards
2.4.2 - Injections and Withdrawals
Blank 1
1  cards
2.4.3 - Equilibrium Levels of Real National Output
What is the multiplier effect 1,
What is an example of the multipl...,
What is the equation for the mult...
5  cards
2.4.4 - The Multiplier
Short run growth on a ad as 1,
Short run growth on a ppf 1,
Long run growth on a ppf 2
5  cards
2.5.1 - Causes of Growth
Cause of short run growth 1,
Blank 2,
Blank 2
6  cards
2.5.2 - Output Gaps
What is an output gap 1,
What is the trend growth rate 2,
What is actual gdp 3
5  cards
2.5.3 - Trade (Business) Cycle
What is the trade cycle 1,
What is a boom 2,
What is a recession 3
6  cards
2.5.4 - The Impact of Economic Growth
Bens of economic growth 1,
Bens of economic growth 2,
Bens of economic growth 3
10  cards
2.6.1 - Possible Macro Economic Objectives
Economic growth 1,
Low unemployment 2,
Blank 2
4  cards
2.6.2 - Demand-Side Policies
What are demand side policies 1,
What is monetary policy who decid...,
What is fiscal policy who decides...
14  cards
2.6.3 - Supply Side Policies
What are supply side policies 1,
Labour market policies reducing i...,
Labour market policies reducing w...
12  cards
2.6.4 - Conflicts and Trade-offs between Objectives and Policies
What are the 6 main macro economi...,
Why does conflict occur between t...,
Give an example of inflationary g...
4  cards

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Economics - Theme 2 (Macro Economics)

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