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Economics Theme 4

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

By: Achi Prashanth
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Decks in this class (16)

LS1 - Globalisation
What is globalisation,
Factors contributing to globalisa...,
Impact of globalisation countries
8  cards
LS3 - Restrictions on Trade
Protectionism,
Free trade,
Why use trade restrictions
5  cards
LS4 - Trading Blocs and WTO
How can trade be liberalised,
Problems with trade in first half...,
Problems with general agreement o...
11  cards
LS5 - Pattern of Trade
Pattern of trade,
Comparative advantage,
Emerging economy
5  cards
LS7/8 - Balance of Payments and Exchange rates
Accounts in the bop,
Advantages of international capit...,
Disadvantages of international ca...
13  cards
LS10/11 - Poverty and Inequality
Absolute poverty,
Relative poverty,
Income
17  cards
LS12 - Measures of Development
Human development index,
Problems with the hdi,
Ihdi
4  cards
LS13 - Role of Financial Markets
Roles of financial markets,
Types of financial markets
2  cards
LS14 - Factors Influencing Growth and Development
Primary products,
Primary product dependency,
Savings gap
13  cards
LS15 - Public Expenditure
Types of public expenditure,
Changes in public expenditure,
Impacts of public spending
5  cards
LS16 - Failure in Financial Markets
Fractional reserve banking what i...,
2008 financial crisis background,
Why did number mortgage defaults ...
8  cards
LS17 - Taxation
Types of taxation,
Change in income tax to incentive...,
Laffer curve
9  cards
LS18 - Strategies Influencing Growth and Development
How can trade liberalisation help...,
How can trade liberalisation help...,
Why might infant industries strug...
17  cards
LS19 - Public Sector Finances
Automatic stabilisers,
Discretionary fiscal policy,
Fiscal deficit
8  cards
LS20 - Role of Central Banks
Role of central banks,
Advantages of cb as lender of las...,
Disadvantages of lender of last r...
8  cards
LS21 - Macro Policies in a Global Context
Austerity,
Macro effects of austerity measures,
Firms improving international com...
4  cards

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Economics Theme 4

  • Class purpose General learning

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