This class was created by Brainscape user Kush R. Visit their profile to learn more about the creator.
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Kush R
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Decks in this class (12)
3.1 Economic Growth
Economic growth definition,
Gdp definition,
How to measure economic growth
9
cards
3.2 Low Unemployemnt
Unemployment definition,
Employment definition,
Government objective
15
cards
3.3 Fair Distribution Of Income
What is the evaluation of causes ...,
What is the evaluation of causes ...,
What are the consequences of weal...
9
cards
3.4 Price Stability
Inflation definition,
Deflation definition,
Disinflation definition
13
cards
3.5 Fiscal Policy
Fiscal policy definition,
3 main areas of government spending,
Sources of goverment taxation rev...
12
cards
3.6 Monetary Policy
Monetary policy definition,
Expansionary monetary policy,
Contractionary fiscal policy
5
cards
3.7 Supply-side Policy
Supply side policy definition,
Type of supply side policy,
Examples of supply side policy
5
cards
3.8 Limitations Of Markets
Externalities definition,
Negative externalities definition,
Positive externalities definition
8
cards
4.1 Importance Of Internation Trade
Exports definition,
Import definition,
Free trade agreement definition
7
cards
4.2 Balance Of Payments
Balance of payments definition,
Current account definition,
Bop current account records
10
cards
4.3 Exchange Rates
Exchange rate definition,
What is a floating exchange rate,
What is an appreciation
6
cards
4.4 Globalisation
What is globalisation and what ar...,
How is development measured,
What is a developed country
10
cards
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GCSE OCR Economics
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