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

Decks in this class (19)

Chapter 1
Efficiency,
How are efficiency and the produc...,
Economic growth
18  cards
Chap 2
Gross domestic product,
Per capita gdp,
Mix of output of a country
18  cards
chap 3
Profit,
Factor markets,
Product markets
40  cards
Chap 4
Optimal mix of output,
Market mechanism,
Market failure
35  cards
chap 5
National income accounting,
National accounting system answer...,
Output
23  cards
chap 6
Labor force,
Labor force participation rate,
Production possibilities
17  cards
chap 7
Inflation,
Deflation,
Relative prices
21  cards
chap 8
Business cycle,
What is aggregate demand,
Says law
11  cards
Powerpoint stuff for mid term
What was the market mechanism cal...,
What does it mean to be capital i...,
What does it mean to be labor int...
27  cards
FINAL from PP
Why does ad shortfall measure,
What is the real gdp gap
2  cards
CHAP 9
Aggregate demand,
Aggregate supply,
Equilibrium
33  cards
Chap 10
Leakage,
Gross business saving,
Injection
12  cards
Chap 11 + 12
Income transfers,
What are examples of income trans...,
Fiscal policy
42  cards
Chap 13
Barter,
Money,
Money supply m1 and what is it
17  cards
Chap 14
Monetary policy,
Federal funds rate,
Discounting
17  cards
Chap 15
Precautionary demand for money,
Speculative demand for money,
Transactions demand for money
16  cards
Chap 16
Stagflation,
Phillips curve,
Inflationary flashpoint
18  cards
Chap 19
Imports,
Exports,
Trade deficit
19  cards
chap 20
Exchange rate,
Equilibrium price,
Balance of payments
14  cards

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MACRO

  • Class purpose General learning

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