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Decks in this class (23)
Government objectives
What is gdp 1,
What is the difference between no...,
What is the definition of economi...
4
cards
Aggregate demand
What is the definition of ad 1,
What are the percentages of each ...,
What is net investment 3
17
cards
Aggregate supply
What is the definition of as 1,
Why is the sras curve upwards slo...,
What causes a shift in the sras c...
5
cards
Inflation
What is the definition of inflati...,
What is demand pull inflation 2,
What is cost push inflation 3
14
cards
Economic growth
What is gdp 1,
What is real gdp 2,
What is gni 3
12
cards
Unemployment
What is the working age population 1,
What is the active population 2,
What is the inactive population 3
16
cards
Balance of payments
What is the current account made ...,
What factors influence the curren...,
What are the components of the ba...
7
cards
The buisness cycle
What is a recession 1,
How does trend potential growth h...,
What are the characteristics of a...
5
cards
Government policies
What is the conflict between econ...,
Why may economic growth and envir...,
What is the conflict between full...
13
cards
Specialisation and trade
What is comparative advantage 1,
What is an absolute advantage 2,
What are the assumptions of compa...
6
cards
Globalisation
What is globalisation 1,
What are the characteristics of g...,
What are the causes of globalisat...
9
cards
Terms of trade and patterns of trade
What is the terms of trade formula 1,
What is it called when the terms ...,
What are the factors that influen...
6
cards
Restrictions on free trade
What are trade barriers 1,
What are tariffs 2,
What are the types of restriction...
5
cards
Trading blocs and the role of the WTO
What is a trading block 1,
What are the different types of t...,
What are free trade areas 3
10
cards
Exchange rates
What is an exchange rate 1,
What are the factors that affect ...,
What do changes in exchange rates...
16
cards
International competitivness
What is international competitivn...,
What are the three ways of measur...,
What are unit labour costs 3
7
cards
Poverty and innequality
What is absolute poverty 1,
What is relative povery defined a...,
What are the 3 most important fac...
20
cards
The financial sector
What are the roles of the financi...,
What are the different types of f...,
What is markey rigging 3
5
cards
Measures of development
What are the different indicators...,
What are the measures of developm...,
What is the definition of economi...
58
cards
Circular flow of income
What do households give firms 1,
What do firms give households 2,
What are the injections into the ...
4
cards
The World bank, IMF and NGO's
What is the role of the world bank 1,
What strategies does the world ba...,
What is the role of the imf 3
5
cards
The role of the state
What are the 3 ways to implement ...,
What is a progressive tax 2,
What is a regressive tax 3
25
cards
Policies in the Global Context
What are the 5 types of economic ...,
What is discretionary fiscal poli...,
What are automatic stabilisers 3
8
cards
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Macroeconomics
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