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Economics year 1- Macro

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

By: Dominic Conway
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Decks in this class (5)

Balance of payments
Why is booming domestic economy bad,
Why is a volatile global prices bad,
Why is a strong exchange rate bad
14  cards
Aggregate demand
Net investment vs gross investment,
Influences on gov spending,
Influences on net trade
17  cards
Employment
What is economic inactivity,
What is the unemployment trap,
Classical real wage inflexibility
16  cards
The Multiplier
When is the multiplier low,
When is the multiplier high,
Equation for mps
13  cards
2.1 Measures of ecnomic performance
What is inflation,
Deflation,
Disinfaltion
45  cards

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Economics year 1- Macro

  • Class purpose General learning

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