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Decks in this class (14)
Chapter 1 The Science of Macroeconomics
Macroeconomics 1,
Real gdp 2,
Inflation rate 3
13
cards
Chapter 2: The Data of Macroeconomics
Gross domestic product gdp 1,
Underground economy 2,
Nominal gdp 3
15
cards
Chapter 3 National Income How Its Earned
Factors of production 1,
Production function 2,
Constant returns to scale 3
11
cards
Chapter 4 National Income How It's Spent
Disposable income 1,
Consumption function 2,
Marginal propensity to consume mpc 3
11
cards
Chapter 5: A First Look At The Money System
Money 1,
Medium of exchange 2,
Liquidity 3
14
cards
Chapter 6: National Income How It is Spent
Inflation 1,
Hyperinflation 2,
Transactional velocity of money 3
21
cards
Chapter 7: The Open Economy
Net exports 1,
Trade balance 2,
Net capital outflow 3
11
cards
Chapter 8: Unemployment and the Labor Market
Natural rate of unemployment 1,
Wage rigidity 2,
Structural unemployment 3
11
cards
Chapter 9 Capital Accumulation as a Source of Growth
Solow growth model 1,
Steady state 2,
Golden rule level of capital 3
3
cards
Chapter 10 Population Growth and Technological Progress
Efficiency of labor 1,
Labor augmenting technological pr...,
Creative destruction 3
4
cards
Chapter 11 Empirics and Policy
Convergence 1,
Conditional convergence 2,
Growth accounting 3
3
cards
Chapter 12 Introduction to Economic Fluctuations
Okun s law 1,
Leading indicators 2,
Aggregate demand 3
8
cards
Chapter 13 Aggregate Demand 1: Building the IS-LM Model
Is lm model 1,
Is curve 2,
Lm curve 3
7
cards
Chapter 14 Aggregate Demand 2: Applying the IS-LM Model
Monetary transmission mechanism 1,
Pigou effect 2,
Debt deflation theory 3
4
cards
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Macroeconomics
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