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Unit 3/4 - Economics

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

By: Laura Brady
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Decks in this class (10)

Unit 3, Area of Study 1 - Microeconomics
Opportunity cost,
Basic economic problem relative s...,
Demand
44  cards
Unit 3, Area of Study 2 Domestic Stability
Aggregate demand,
Aggregate supply,
Business cycle
67  cards
Unit 3, Area of Study 3, Australia and the World
Relationship between internationa...,
Relationship between internationa...,
Relationship between internationa...
58  cards
Unit 4, Area of Study 1 - Budgetary Policy
Budgetary policy,
Progressive tax,
Proportional tax
30  cards
Unit 4, Area of Study 1 - Monetary Policy
Objectives of the reserve bank as...,
Focus of monetary policy,
Open market operations omo
17  cards
Unit 4, Area of Study 2 - Aggregate Supply Policy
Capacity constraints,
Production,
Productivity
52  cards
Contemporary Factors - Aggregate Demand
Disposable income,
Interest rates,
Consumer confidence
6  cards
Contemporary Factors - Aggregate Supply
Quality and quantity of factors o...,
Costs of production,
Productivity growth
6  cards
Contemporary Factors - Budget and Goals
Budget outcome,
Goal of strong and sustainable ec...,
Goal of strong and sustainable ec...
5  cards
Contemporary Factors - Other
Labour force participation rate g...,
Household savings ratio,
Terms of trade
5  cards

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Unit 3/4 - Economics

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