This class was created by Brainscape user Mihelee Walisundara.
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Mihelee Walisundara
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Decks in this class (19)
Economic Cycle
What is boom 1,
Features of boom 2,
Downturn 3
8
cards
Economic Growth
What is economic growth 1,
What is national income 2,
What are the basic advantages of ...
18
cards
The impact of Economic Growth
What are the impacts of economic ...,
What is the impact on economic gr...,
What are the impacts on economic ...
8
cards
Inflation
What is inflation 1,
What is deflation 2,
How is inflation measured 3
13
cards
The impact of inflation
What is the impact on inflation d...,
What is the impact on inflation d...,
Disadvantages of wages as an impa...
13
cards
Unemployment
What is unemployment 1,
How is unemployment measured 2,
What are the 5 types of unemploym...
23
cards
Balance of Payments on the Current Account
What is balance of payments 1,
What are the 2 parts of balance o...,
Current accounts 3
11
cards
The realtionship between the current account and exchange rates
What is the relationship between ...,
Impacts between the relationship ...,
Blank 3
3
cards
Reasons for Deficits and Surpluses
What are the reasons for deficits...,
Quality of domestic goods 2,
Quality of foreign goods 3
6
cards
The impact of a Current Account Deficit
What are the impacts of current a...,
Leakages from the economy 2,
Inflation 3
5
cards
Protection of the Environment
How mining can impact the environ...,
Power generation 2,
Chemical processing 3
5
cards
Ways Business can damage Environment
Air pollution 1,
Water pollution 2
2
cards
Government Intervention to protect the environment
Taxation 1,
Subsidies 2,
Legislations 3
6
cards
31. Fiscal Policy
What is fiscal policy 1,
What are direct taxes 2,
Types of direct taxes 3
12
cards
32. Monetary Policy
What is monetary policy 1,
The role of central banks in sett...,
Whats the rate of interest set by...
6
cards
33. Supply side policies
What are supply side policies use...,
Impact of supply side policies on...,
Impact of supply side policies on...
8
cards
34. Relationship between objectives and policies
Unemployment and inflation 1,
Disadvantages of using monetary p...,
Possible trade off of unemploymen...
11
cards
37. International Trade
Whats free trade 1,
Advantages of free trade 2,
Disadvantages of free trade 3
3
cards
38.Protectionism
What is protectionism 1,
Trade barriers 2,
Reasons for protectionism 3
9
cards
More about
Macroeconomics (Edexcel)
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