This class was created by Brainscape user Libby Ogundere.

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Decks in this class (23)

money finance and banks
What are the three functions of m...,
Six characteristics of money 2,
Broad money 3
5  cards
fiscal policy/national debt chain
Explain crowding in 1,
Explain crowding out as eval 2,
Debt is damaging 3
8  cards
Psychopathology
Strengths of deviation from socia...,
Weakness of deviation from social...,
Another weakness of deviation fro...
6  cards
microeconomics
Contenstability 1
1  cards
microeconomics: market structures
Explain why marginal cost increas...
1  cards
micro: behavioural economics
Indirect taxes resolve overconsum...,
Indirect taxes affect 2,
Ap from indirect taxes 3
10  cards
SSP market led policies
free market
7  cards
supply side policy eval
Lower corp tax effect on economy 1,
Lower corp effect on g 2,
Low corp tax on workers 3
10  cards
interventionist policies SSP
G spending on edu healthcare 1,
G spending on healthcare 2,
G on transport effect on workers 3
5  cards
business objectives
Profit maximising 1,
Revenue max 2,
Sales max 3
3  cards
evaluate the view that rising living standards = economic growth
Increased growth increased income...,
E1 inflation overcrowding 2,
Increased growth increased tax re...
7  cards
expansionary monetary policy
P1 expansionary monetary policy 1,
E1 depends on consumer spending a...,
P2 low ir increased spending on a...
11  cards
changing corp tax effect on macroeconomic performance
P1 high corp tax 1,
E1 depends on economic cycle 2,
Mini judgement p1 e1 3
7  cards
evaluate the view that qe is damaging for uk economy
P1 asset price bubbles 1,
E1 2,
Mini judgement for asset price bu...
7  cards
evaluate whether a budget surplus is desirable objective
Budget surplus defiinition 1,
P1 budget surplus low inflation 2,
E1 fall in g lowers lras doesnt a...
10  cards
evaluate globalization in the global economy
Blank 1
1  cards
trade
Devaluting the pound as policy to...,
Evalution of devaluating 2
2  cards
Economic Growth and development
Economic growth 1,
Economic development 2,
Measurement of standards of living 3
30  cards
25 on depreciation of the pound against other currencies improves macro perfromance
Yes reduces trade deficit 1,
Depreciation worsens trade defici...,
Depreciation of pound causes more...
6  cards
25 assess that strict rules and regulations on financial markets create a stable economy
Defintion of a stable economy 1,
Ring fencing leads to more growth...,
Evaluation of ring fencing costly 3
7  cards
asses the view that floating exchange rates are better than fixed
Floating is better 1,
Ir stimulation not useful in rece...,
Floating causes less growth u p d...
6  cards
impacts of sol and qol of rise in the pound against other currencies
Appreciation causes higher sol 1,
Eval appreciation worsens growth 2,
Stronger currency more u p 3
8  cards
assess the view there shoukd be tighter regulations
Blank 1,
Eval 2,
Blank 3
3  cards

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Macroeconomics

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