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macro economics

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

By: Scarlett Jessup
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Decks in this class (10)

2.1 the circular flow of income
What does national income measure,
What s the difference between nom...,
How can national income be an ind...
13  cards
2.2 aggregate demand and aggregate supply analysis
What is aggregate demand,
What is aggregate supply,
What causes the ad curve to shift
5  cards
2.3 the determinants of aggregate demand
What are the components of aggreg...,
What is the formula for aggregate...,
What are the determinants of cons...
12  cards
2.4 aggregate demand and the level of economic activity
What is economic activity,
How does aggregate demand influen...,
What is the multiplier effect
9  cards
2.5 determinants of short-run aggregate supply
What are the main determinants of...,
What causes movements along the s...,
What causes shifts of the sras curve
3  cards
2.6 determinants of long-run aggregate supply
What are the fundamental determin...,
What does the position of the ver...,
What does a rightward shift of th...
4  cards
3.1 economic growth and the economic cycle
What is short run economic growth,
What is long run economic growth,
What factors effect short run growth
19  cards
3.2 employment and unemployment
What is unemployment,
What are the consequences of unem...,
Consequences of unemployment on i...
20  cards
3.3 inflation and deflation
What is inflation,
What is deflation,
What is disinflation
22  cards
3.4 possible conflicts between macro economic policy
What are the outcomes of negative...,
What are the outcomes of positive...,
What does the phillips curve suggest
7  cards

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macro economics

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