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Daniel HEALY
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Decks in this class (17)
6.1 The objectives of government economic policy
What are the 6 macroeconomic obje...,
What does economic growth measure,
What does gdp measure
18
cards
6.2 macroeconomic indicators
How is economic growth measured,
What 4 variables are used to meas...,
How is unemployment measured
22
cards
6.3 The uses of index numbers
What number does the index base n...,
How do you calculate index numbers,
Why are index numbers useful
6
cards
7.1 The circular flow of income
What are the 3 methods of calcula...,
How do you calculate national inc...,
How do you calculate national inc...
19
cards
7.2 AD and AS analysis
What is short run as,
What is long run as,
What did keynes believe that led ...
7
cards
7.3 The determinants of AD
What is the shape of a normal dem...,
What is price level,
What is real national output rno
29
cards
7.4 AD and the level of economic activity
What is the multiplier effect,
What is the formula for calculati...,
What is the negative multiplier
7
cards
7.5 The determinants of SRAS
What are the 4 factors of production,
What are the main determinants of...,
What factors change production costs
7
cards
7.6 The determinants of LRAS
What are the determinants of lras,
What does the lras curve look like,
Why is the lras curve vertical
7
cards
8.1 Economic growth and the economic cycle
What is short run economic growth,
What is long run economic growth,
How is short run economic growth ...
21
cards
8.2 Employment and unemployment
What is the definition of unemplo...,
What is the level of unemployment,
What is the rate of unemployment
18
cards
8.3 Inflation and deflation
What is inflation,
Why does inflation matter,
What are the two principle measur...
14
cards
8.4 The balance of payments on current account
What is the balance of payments,
What are the 3 sections of the ba...,
What does the current account mea...
12
cards
8.5 Possible conflicts between macroeconomic policy objectives
What is monetary policy,
What is fiscal policy,
What are the most common conflict...
5
cards
9.1 Monetary policy
What is monetary policy,
What are the goals of monetary po...,
What is the mpc
27
cards
9.2 Fiscal policy
What is fiscal policy,
What goals does fiscal policy try...,
If fiscal policy is said to be ex...
17
cards
9.3 supply side policies
What is supply side policy,
What will a successful supply sid...,
What are the 9 supply side policy...
14
cards
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Macroeconomics Year 1
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