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Theme 2 - The UK Economy

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

By: Zarifa Mir
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Decks in this class (25)

2.1.1 Economic growth
Define gdp,
What is the expenditure method of...,
Define real gdp
13  cards
2.1.2 Inflation
Define inflation,
Define deflation,
Define disinflation
4  cards
2.1.3 Employment and unemployment
0  cards
2.1.4 Balance of payments
What is the balance of payments,
Causes of a current account deficit,
Causes of a current account surplus
3  cards
2.2.1 The characteristics of AD
What are the components of ad,
What is ad,
Why would a movement along the ad...
6  cards
2.2.2 Consumption (C)
What is consumption,
What are the main determinants of...
2  cards
2.2.3 Investment (I)
0  cards
2.2.4 Government expenditure (G)
0  cards
2.2.5 Net trade (X-M)
0  cards
2.3.1 The characteristics of AS
0  cards
2.3.2 Short-run AS
0  cards
2.3.3 Long-run AS
0  cards
2.4.1 National income
0  cards
2.4.2 Injections and withdrawals
0  cards
2.4.3 Equilibrium levels of real national output
0  cards
2.4.4 The multiplier
0  cards
2.5.1 Causes of growth
0  cards
2.5.2 Output gaps
0  cards
2.5.3 Trade (business) cycle
0  cards
2.5.4 The impact of economic growth
0  cards
2.6.1 Possible macroeconomic objectives
0  cards
2.6.2 Demand-side policies
0  cards
2.6.3 Supply-side policies
0  cards
2.6.4 Conflicts and tradeoffs between objectives and policies
0  cards
Theme 2 Definitions
0  cards

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Theme 2 - The UK Economy

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