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Year 1 Macroeconomics

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

By: Charlie Stoker
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Decks in this class (7)

2.1 MEASURES OF ECONOMIC PERFORMANCE
Gdp,
Gnp,
Gni
32  cards
2.2 AGGREGATE DEMAND (AD)
What is aggregate demand ad0,
Formula for ad,
Components of ad
15  cards
2.3 AGGREGRATE SUPPLY (AS)
Aggregate supply,
Why is it upward sloping,
What causes a shift in sras
7  cards
2.4 NATIONAL INCOME
The circular flow,
National income,
National output o
17  cards
2.5 ECONOMIC GROWTH
The economic cycle,
Negative output gap,
Positive output gap
9  cards
2.6 DEMAND SIDE POLICIES
Government objectives,
Two demand side policies,
Monetary policy
9  cards
2.6 SUPPLY SIDE POLICIES
1 increasing incentives into work...,
The two traps of incentives,
2 promoting competition
10  cards

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Year 1 Macroeconomics

  • Class purpose General learning

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