Brainscape's Knowledge GenomeTM


Top Flashcards (Certified)
All Flashcards

Economics units 3&4

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

By: Kelvin Liang
Start Studying

Decks in this class (12)

UNIT 3 AOS 1 - part 1
Relative scarcity 1,
Opportunity cost trade off 2,
Production possibility frontier p...
10  cards
UNIT 1 AOS 1 - PART 2 (elastitiy + market failure)
Market failure def 1,
Elasticity def domino 2,
Factors of elasticity demand 3
10  cards
UNIT 3 AOS 2 (T) - part 1
Define aggregate demand 1,
Aggregate supply def 2,
Economic activity def 3
13  cards
UNIT 3 AOS 2 (T) - part 2 - SSEG
Strong and sustainable econoimc g...,
How is real gdp measured 2,
Nominal gdp and real gdp def diff 3
6  cards
UNIT 3 AOS 2 - part 2 - price stability
Low and stable inflation 1,
Cost inflation 2,
Demand inflation 3
9  cards
UNIT 3 AOS 2 - part 3 - Full employment
Unn formula participation rate fo...,
Goal of full employment 2,
Employed unemployed def 3
9  cards
UNIT 3 AOS 3 - part 1 - BOP/Trade/NFD/NFL
What does external stability mean and why do we want it? Why do we trade? Benefits. What is the BOP What are the 2 accounts – CA and CAFA What are the components of BPO: Each component name and definitions What is in each component What is a deficit and what is a surplus CAD as a % of GDP (5-6% approx.) Structural and Cyclical causes for CAD Describe trendlines
11  cards
UNIT 3 AOS 3 - part 2 - TOT/IC
Exchange rate 1,
International competitiveness 2,
Tot tot for exchange rate other w...
8  cards
u4aos1 - monetary policy
Transmission mechanism 1,
Cost of credit savings investment...,
Cash flow channel 3
16  cards
u4aos1 - budgetary policy
Budgetary policy 1,
Expansionary budget policy 2,
Contraction budgetary policy 3
16  cards
u4aos2
How a of the following budgetary ...,
Skilled immigration policy 2,
As complementing ad 3
5  cards
Statistics
Unemployment 1,
Economic growth 2,
Inflation 3
8  cards

More about
Economics units 3&4

  • Class purpose General learning

Learn faster with Brainscape on your web, iPhone, or Android device. Study Kelvin Liang's Economics units 3&4 flashcards now!

How studying works.

Brainscape's adaptive web mobile flashcards system will drill you on your weaknesses, using a pattern guaranteed to help you learn more in less time.

Learn more about spaced repetition

Add your own flashcards.

Either request "Edit" access from the author, or make a copy of the class to edit as your own. And you can always create a totally new class of your own too!

What's Brainscape anyway?

Brainscape is a digital flashcards platform where you can find, create, share, and study any subject on the planet.

We use an adaptive study algorithm that is proven to help you learn faster and remember longer....

Looking for something else?

Economics
  • 25 decks
  • 1413 flashcards
  • 1680 learners
Decks: Chapter 1 The Basic Economic Problem, Aggregate Demand And Supply, Chapter 3 Elasticity, And more!
Unit 6
  • 32 decks
  • 1086 flashcards
  • 10 learners
Decks: Molecular Cellular Princ Med Hemoglobin, Molecular Cellular Princ Med Heme Synthe, Microscopic Anatomy Blood Ira Ames Sana, And more!
Find Flashcards
Make Flashcards
Brainscape helps you reach your goals faster, through stronger study habits.
© 2025 Bold Learning Solutions. Terms and Conditions