VCE Economics Unit 3/4

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

Decks in this class (17)

Chapter 1 - An introduction to microeconomics
What are the 4 factors of product...,
What are the three basic economic...,
What is market capitalism 3
21  cards
Chapter 2 - The Market Mechanism
What is microeconomics 1,
What is a market 2,
What is a competitive market 3
34  cards
Chapter 3 - Market Structure, Market Failure and Government Intervention
What is the definition of market ...,
What is the general criteria dete...,
What is perfect competition 3
29  cards
Chapter 4 - The nature and purpose of macroeconomic activity
What is macroeconomic activity 1,
What are the three approaches use...,
Define nominal gdp 3
24  cards
Chapter 5 - The goal of strong and sustainable economic growth
What is strong and sustainable ec...,
What is the measure used to measu...,
What is an annual gdp figure 3
18  cards
Chapter 6 - The goal of full employment
What is the definition of employm...,
What is the definition of unemplo...,
What is nairu 3
19  cards
Chapter 7 - The goal of low inflation
What is the definition of inflati...,
What is the rba s low inflation g...,
Why does the rba target 2 3 growt...
22  cards
Chapter 8 - The goal of external stability
What are the types of internation...,
What is the balance of payments b...,
Outline the structure of the bop 3
27  cards
Chapter 9 - The goal of equity in the distribution of income
What is the goal of equity in the...,
What are the 3 sub goals for achi...,
What is the difference between eq...
30  cards
Chapter 10 - The nature and operation of budgetary policy
What is the definition of budgeta...,
What are the longer term goals of...,
What is the composition of the bu...
20  cards
Chapter 11 - Budgetary policy in action
How does the budget address econo...,
What is the current government s ...,
What is the government s budget r...
19  cards
Chapter 12 - The nature and operation of monetary policy
What is monetary policy 1,
What is the medium term objective 2,
What are the key considerations i...
20  cards
Chapter 13 - Monetary policy in action
What is the primary focus of the ...,
What are leading indicators of ec...,
What are lagging indicators of ec...
11  cards
Chapter 14 - The nature and operation of aggregate supply policies
What is the definition of aggrega...,
What are the effects of as polici...,
What are the effect of as policie...
23  cards
Chapter 15 - Aggregate supply policies in action
What is the labour market 1,
How did the labour market previou...,
What is the definition of enterpr...
12  cards
Chapter 16 - Immigration and environmental policies
How many people have migrated to ...,
What did the intergenerational re...,
What are the three main immigrati...
25  cards
Chapter 17 - Policy relationships and the current policy mix
What is the recent policy mix to ...,
What is the recent policy mix to ...,
What is the recent policy mix to ...
6  cards

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VCE Economics Unit 3/4

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