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MACRO ECONOMICS Y12

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

By: Liv Lonsdale
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Decks in this class (13)

1.1 CIRCULAR FLOW
What are the 3 injections 1,
What are the 3 withdrawals 2,
What does the circular flow of in...
7  cards
1.2/3 AGGREGATE DEMAND AND SUPPLY
What is aggregate demand 1,
What s the formula for aggregate ...,
What are the determinants of cons...
11  cards
1.5 THE MULTIPLIER
When does the multiplier effect o...,
What are the equations 2,
What is the multiplier 3
11  cards
2 PATTERN OF INTERNATIONAL TRADE
What s meant by the pattern of tr...,
What s the gravity theory 2,
What s intra regional trade 3
4  cards
2.1 THE GOOD AND BAD OF ECONOMIC GROWTH
What is economic growth 1
1  cards
2.2 GROWTH AND DEVELOPMENT
What is short run growth 1,
What is long run growth 2,
Whats the primary sector 3
9  cards
2.3 UNEMPLOYEMENT (TYPES)
Whats unemployment 1,
What does it mean to be economica...,
Whats a discouraged group 3
11  cards
2.3 UNEMPLOYMENT (IMPACT)
Problems of unemployment to the i...,
Problems of unemployment to the f...,
Problems of unemployment on the e...
4  cards
2.3 UNEMPLOYMENT (MEASURES)
Whats the claimant count 1,
Whats the labour force survey 2,
Problems with the claimant count 3
4  cards
2.3 UNEMPLOYMENT (SOLUTION - MONETARY POLICY)
What is the monetary policy 1,
What are the 4 key aspects of the...,
Explain aspect of interest rates ...
12  cards
2.3 UNEMPLOYEMENT (SOLUTION - FISCAL POLICY)
What is the fiscal policy 1,
What are the two main components ...,
Explain aspect of government spen...
8  cards
2.3 UNEMPLOYEMENT (SOLUTION - SUPPLY SIDE POLICY)
What is supply side policy 1,
Advantages of supply side policy 2,
Disadvantages of supply side poli...
3  cards
2.4 INFLATION
What is inflation 1,
What demand pull inflation 2,
Whats cost push inflation 3
6  cards

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MACRO ECONOMICS Y12

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