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EDEXCEL THEME 2 MACRO ECONOMICS

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

By: Caroline Harfield
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Decks in this class (15)

CHAPTER 23 THE CHARACTERISTICS OF AGGREGATE DEMAND
Aggregate,
Aggregate demand,
Aggregate demand curve
4  cards
CHAPTER 24 CONSUMPTION
Average propensity to consume,
Average propensity to save,
Consumption
12  cards
CHAPTER 25 INVESTMENT
Accelerator coefficient,
Accelerator theory,
Animal spirits
9  cards
CHAPTER 26 GOVERMENT EXPENDITURE AND NET TRADE
Net exports or the net trade balance
1  cards
CHAPTER 27 AGGREGATE SUPPLY
Aggregate supply curve,
Full capacity,
Long run aggregate supply curve
5  cards
CHAPTER 28 NATIONAL INCOME
Circular flow of income,
Closed economy,
Income
8  cards
CHAPTER 30 THE MULTIPLIER
Marginal propensity to import mpm,
Marginal propensity to save mps,
Marginal propensity to tax mpt
6  cards
CHAPTER 31 ECONOMIC GROWTH
Green gdp,
Gross domestic product gdp,
Gross national income gni
11  cards
CHAPTER 32 CAUSES OF ECONOMIC GROWTH AND THE TRADE CYCLE
Actual growth,
Boom or peak,
Demand side shock
15  cards
CHAPTER 33 THE IMPACT OF ECONOMIC GROWTH
Sustainable growth
1  cards
CHAPTER 34 INFLATION
Anticipated inflation,
Consumer prices index cpi,
Cost push inflation
12  cards
CHAPTER 35 EMPLOYMENT AND UNEMPLOYMENT
Active population,
Activity rate or participation rate,
Cyclical or demand deficient unem...
25  cards
CHAPTER 36 BALANCE OF PAYMENTS
Balance of payments account,
Balance of trade,
Capital and financial accounts
8  cards
CHAPTER 38 DEMAND SIDE POLITICS
Balanced budget,
Bank of england base rate,
Budget
21  cards
CHAPTER 39 SUPPLY-SIDE POLICIES
Bottlenecks,
Deregulation,
Industrial policy
14  cards

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EDEXCEL THEME 2 MACRO ECONOMICS

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