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Cerys Walton
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Decks in this class (24)
Government objectives
What are the 5 main objectives of...,
Economic growth,
How is economic activity measured
18
cards
Determimants Of X-M
5 determinants of net exports,
How does rdi abroad affect trade,
How does rdi at home affect imports
5
cards
AD curve
What goes on the y axis of an ad ...,
What goes on the x axis of an ad ...
2
cards
Unemployment
Definition of unemployment,
Definition of employment,
What is full employment
14
cards
Supply Side Policy
What is supply side policy,
What do supply side policies focu...,
What are the two types of policy
8
cards
Monetary Policy
What is monetary policy,
How do the central bank influence...,
Why do the central bank use quant...
8
cards
Aggregate Demmand
What is microeconomics concerned ...,
What is macroeconomics concerned ...,
What is an aggregate formed of
18
cards
Determinants of Consumption
Trade deficit imports exports means,
What are transfer payments,
What is real disposable income
14
cards
Determinants of Investment
Who is an investment made by,
What may firms invest money into,
Why do firms invest
16
cards
Determinants of Government Expenditure
Define government expenditure,
What does government expenditure ...,
Give 3 examples of g
15
cards
Inflation
What is cost push inflation,
What does rising costs of inputs ...,
Which way does the aggregate supp...
15
cards
Consequences of inflation
State 3 benefits for inflation,
State 3 consequences of inflation...,
Why is menu costs a consequence t...
7
cards
Deflation
What is deflation,
When does price deflation occur,
How may deflation relate to ad
6
cards
Circular Flow of Income
What are the 3 methods in calcula...,
What is the expenditure method,
What is the income method
14
cards
Injections and Withdrawals
What are the 3 injections in the ...,
What do injections do for the eco...,
What are the 3 withdrawals in the...
16
cards
Fiscal Policy
What is the government budget,
What are the 3 components to the ...,
What will a good tax do
16
cards
Fiscal Policy 2
What is structural deficit,
Why mat government run a cyclical...,
What is automatic fiscal stabilisers
4
cards
Terms of Trade
When does comparative advantage o...,
What does the theory of comparati...,
What does absolute advantage look at
6
cards
Balance of payments
What is the balance of payments,
When do we have a current account...,
When do we have a current account...
10
cards
Balance of payment - Imbalances
When does balance of payments imb...,
How can short term imbalances be ...,
What can long term current accoun...
7
cards
policies to improve balance of payments
What are tariffs and quotas,
3 short run policies to influence...,
Long run policy to influence bop x m
11
cards
Calculating balance of payments
What does the capital account mea...,
Capital financial account examples,
If a country has a current acount...
7
cards
Introduction to Exchange Rates
What is an exchange rate,
When does a fixed exchange rate o...,
What must the government need to ...
15
cards
test actions gs
What is an exchange rate,
What is international competitive...,
Diagram for a fall in sterling
6
cards
More about
Year 12Macroeconomics
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