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

Decks in this class (16)

7.1 The national and international economy
What is aggregate demand,
What is aggregate supply,
What is fiscal policy
5  cards
7.2 Circular flow and AD/AS
How is rni useful,
What are the 3 injections into th...,
What are the 3 withdrawals from t...
10  cards
7.3 Economic Growth
What is short run economic growth,
What is long run economic growth,
What are benefits of economic growth
10  cards
7.4 Employment and unemployment
What is voluntary unemployment,
What is involuntary unemployment,
How do you calculate the replacem...
11  cards
7.5 Inflation and the Phillips curve
What s the difference between dis...,
What is demand pull inflation,
What is cost push inflation
24  cards
8.1 The structure of financial markets and financial assets
What is monetary policy,
What are the four functions of money,
To act as money what features doe...
16  cards
8.2 Commercial and investment banks
What are comercial banks,
What are the 3 core functions of ...,
What is the primary objective of ...
9  cards
8.3 Central banks and monetary policy
What is monetary policy,
What is the aim of monetary policy,
Who controls monetary policy
6  cards
8.4 Regulation of the financial system
What is bank failure,
How do you calculate the liquidit...,
How do you calculate the capital ...
5  cards
9.1 Fiscal policy
What is fiscal policy,
What is fiscal policy,
What is a direct tax
8  cards
9.2 Supply side policies
How do supply side policies affec...,
How do supply side policies affec...,
What are free market supply side ...
5  cards
10.1 Globalisation
101 globalisation,
What are causes of globalisation,
What are the disadvantages of glo...
7  cards
10.2 Trade
What is absolute advantage,
What is comparative advantage,
What are benefits of trade
5  cards
10.3 Balance of payments
What is the current account,
What is the capital account,
What is the financial account
11  cards
10.4 Exchange rate systems
What are exchange rates,
What is a free floating exchange ...,
What is a fixed exchange rate
4  cards
10.5 Economic growth and development
What is economic growth,
What is economic development,
What factors are included in econ...
7  cards

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Macroeconomics Year 2

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