Edexcel A-level Economics Theme 2 (macro)

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Decks in this class (16)

2.1.1 Economic growth
Gross domestic product gdp 1,
Gross value added gva 2,
Gross national income gni 3
29  cards
2.1.2 Inflation
What is inflation 1,
What is deflation 2,
What is disinflation 3
35  cards
2.1.3 Unemployment
What is uk working age 1,
Define active population workforce 2,
Define inactive population 3
48  cards
2.2.2 Consumption
What of ad is consumption 1,
Define disposable income 2,
What 3 thing influence the amount...
13  cards
2.2.3 Investment
What is gross investment 1,
Define net investment 2,
What is depreciation 3
13  cards
2.2.4 Government expenditure
List the three biggest areas of g...,
What are the two things that infl...,
How does the trade business cycle...
4  cards
2.2.5 Net trade
Define net trade 1,
Explain how changing real incomes...,
Name the four factors that influe...
7  cards
2.4.1/2 National income/Injections & Withdrawals
Define national output 1,
What is the circular flow of inco...,
Describe the circular flow model 3
9  cards
2.4.3 equilibrium level of real national output
Explain the classical view of the...,
Explain the keynesian view of lon...,
Explain the keynesian lras diagram 3
4  cards
2.4.4 The multiplier
What is the multiplier ratio 1,
Explain how the multiplier effect...,
Explain how the size of the multi...
12  cards
2.5.1 causes of growth
What is economic growth 1,
Explain how the factors of produc...,
Other than the fact of production...
6  cards
2.5.2 output gaps
What is long term growth 1,
What is an output gap 2,
Describe the two types of output ...
4  cards
2.5.3 trade cycle
Explain the four stages of the tr...,
What are characteristics of a boom 2,
What are characteristics of a rec...
3  cards
2.5.4 impact of economic growth
How does economic growth affect c...,
What are the potential downsides ...,
How does economic growth affect f...
8  cards
2.6.2 Part 1 Monetary Policy
What is monetary policy 1,
Who controls the monetary policy ...,
What does the bank of england do ...
18  cards
2.6.2 Part 2 Fiscal Policy
Blank 1,
Blank 2,
Blank 3
13  cards

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Edexcel A-level Economics Theme 2 (macro)

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