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

Decks in this class (15)

Chapter 1: Principles of Macroeconomics
How individuals make choices,
Resource,
Economics
31  cards
Chapter 2:
Model,
Ceteris paribus assumption,
Ppf production possibility frontier
15  cards
Chapter 3
When taking an exam,
Competitive market,
Supply and demand model
26  cards
Chapter 5
Comparative advantage ricardian m...,
Autarky,
Sources of comparative advantage
16  cards
Chapter 6: Macroeconomics: The Big Picture
Paradox of thrift,
Self regulating before 1930s,
Keynesian economics
11  cards
Chapter 7: Tracking the Macroeconomy
Gdp,
National income and product accou...,
Consumer spending
23  cards
Chapter 8: Unemployment and Inflation
Employment,
Unemployment,
Labor force
38  cards
Chapter 9: Long Run Economic Growth
Rule of 70,
Next 4 slides are sources of long...,
2 physical capital
17  cards
Chapter 10: Savings, investment spending, and the financial system
The savings investment spending i...,
Sisi in a closed economy,
Budget surplus
21  cards
Chapter 11: Income and Expenditure
Initial assumptions re how change...,
Marginal propensity to consume mpc,
Marginal propensity to save mps
34  cards
Chapter 12: Aggregate Demand and Aggregate Supply
Aggregate demand curve adc,
Why does adc slope downward,
Consumer firms factors that shift...
11  cards
Chapter 13: Fiscal Policy
Discretionary fiscal policy that ...,
Lags in fiscal policy,
Fiscal policy and the multiplier
16  cards
Chapter 14: Money, Banking and the Federal reserve System
Money,
Currency in circulation,
Checkable bank deposits
35  cards
Chapter 15: Monetary Policy
Short term interest rate,
Long term interest rate,
Money demand curve
16  cards
Chapter 19
0  cards

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Macroeconomics

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