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Macroeconomics Week6-9

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

By: Brianna Hoang
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Decks in this class (14)

B1 - SRAS and the Tradeoff between Inflation and Unemployment
What happens to output in the sho...,
What is the long run effect of sh...,
Why is it assumed that prices can...
27  cards
B1 - The Sticky (1) and the imperfect-information model
What is the sticky price model wi...,
What is the key friction in the s...,
Why might firms not immediately a...
21  cards
B1 - Phillips Curve
What are the three key factors th...,
What is unnatural in the context ...,
How does cyclical unemployment af...
5  cards
B2 Dynamic Model
List the five key equations of a ...,
What are the five endogenous vari...,
Identify the four exogenous varia...
9  cards
B3 - Consumption (John Keynes)
What is the basic function relati...,
In which of keynes works is the c...,
What is keynes first conjecture a...
26  cards
B3 - Franco Modigliani
In which decade did franco modigl...,
What is the central idea of modig...,
According to modigliani what role...
10  cards
B3 - Milton Friedman
How does friedman s 1957 permanen...,
How does the permanent income hyp...,
What type of income changes does ...
6  cards
B3 - Robert Hall
According to the permanent income...,
How do consumers behave according...,
What is the difference between ra...
13  cards
B3 - David Laibson
What does traditional economic th...,
What discrepancy in consumer beha...,
How have researchers responded to...
8  cards
B4
1  cards
B5
What are the two broad views on h...,
According to the view that the ec...,
What is the main belief of those ...
31  cards
B6 - Government debt and Budget deficit
How does the government finance a...,
What is the difference between de...,
What are government bonds called ...
38  cards
B6 - Part 2 Government Budget Accounting
What is the deficit and primary d...,
Why might governments be tempted ...,
What is the effect of unexpected ...
11  cards
B5 - Stabilisation part 2 (Discretion vs Rules)
What does discretion in policy ma...,
How does discretion relate to the...,
What do rules in policy making en...
49  cards

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Macroeconomics Week6-9

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