a level eco - macro 1

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

Decks in this class (131)

Th2: Definitions 1
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19  cards
Th2: Definitions 2
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20  cards
Th2: Definitions 3
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18  cards
Th2: Definitions 4
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19  cards
Th2: Definitions 5
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18  cards
Th4: Definitions 1
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17  cards
Th4: Definitions 2
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20  cards
Th4: Definitions 3
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15  cards
Th4: Definitions 4
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17  cards
Th4: Definitions 5
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5  cards
Th2.1: Rates of GDP as Measure of Economic Growth
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10  cards
Th2.1: Other National Income Measures
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4  cards
Th2.1: Making Comparisons about Growth
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5  cards
Th2.1: Purchasing Power Parities
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5  cards
Th2.1: Problems of Using GDP to Compare SOL
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8  cards
Th2.1: UK National Wellbeing
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8  cards
Th2.1: Real Incomes and Subjective Happiness
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5  cards
Th2.1: Inflation
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3  cards
Th2.1: Consumer Price Index
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7  cards
Th2.1: Limitations of CPI
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5  cards
Th2.1: Retail Price Index
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3  cards
Th2.1: Causes of Inflation
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9  cards
Th2.1: Effects of Inflation
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15  cards
Th2.1: Measures of Unemployment
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7  cards
Th2.1: Comparisons between CC and LFS
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6  cards
Th2.1: Rates
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7  cards
Th2.1: Under-employment
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3  cards
Th2.1: Significance of Changes in Activity
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2  cards
Th2.1: Frictional Unemployment
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2  cards
Th2.1: Structural Unemployment
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7  cards
Th2.1: Seasonal Unemployment
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2  cards
Th2.1: Cyclical Unemployment
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4  cards
Th2.1: Real Wage Inflexibility
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4  cards
Th2.1: Migration
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6  cards
Th2.1: Skills
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5  cards
Th2.1: Unemployment Impacts on Workers
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5  cards
Th2.1: Unemployment Impacts on Firms
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3  cards
Th2.1: Unemployment Impacts on Consumers
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3  cards
Th2.1: Unemployment Impacts on Government
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3  cards
Th2.1: Unemployment Impacts on Society
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6  cards
Th2.1: Balance of Payments
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6  cards
Th2.1: Current Account
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8  cards
Th2.1: Current Account Deficit and Surplus
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3  cards
Th2.1: Macroeconomic Objectives
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4  cards
Th2.1: Interconnectedness of Economies
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6  cards
Th2.2: Components of AD
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15  cards
Th2.2: The AD Curve
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7  cards
Th2.2: Movements and Shifts along AD Curve
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4  cards
Th2.2: Disposable Income
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10  cards
Th2.2: Relationship Between Savings and Consumption
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8  cards
Th2.2: Other Influences on Consumer Spending
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15  cards
Th2.2: Gross and Net Investment
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4  cards
Th2.2: Influences on Investment
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14  cards
Th2.2: Influences on Government Expenditure
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4  cards
Th2.2: Influences on Net Trade Balance
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10  cards
Th2.3: The AS Curve
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14  cards
Th2.3: Factors Influencing Short Run AS
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9  cards
Th2.3: Long-run AS
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4  cards
Th2.3: Classical LRAS curve
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7  cards
Th2.3: Keynesian LRAS curve
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9  cards
Th2.3: Shift of LRAS curve
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4  cards
Th2.3: Factors Influencing Long Run AS
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6  cards
Th2.3: ^^ Changes in Gov Regulations
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4  cards
Th2.4: The Circular Flow of Income
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10  cards
Th2.4: Income and Wealth
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4  cards
Th2.4: Injections and Withdrawals
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7  cards
Th2.4: Long Term - Classical LRAS
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14  cards
Th2.4: Long Term - Keynesian LRAS
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8  cards
Th2.4: Increasing Aggregate Demand and Supply
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2  cards
Th2.4: The Multiplier Process and Ratio
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10  cards
Th2.4: Effects on the Economy
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5  cards
Th2.4: Effects of the Marginal Propensities
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12  cards
Th2.4: Effects of a Change in AD
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6  cards
Th2.5: Causes of Economic Growth
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3  cards
Th2.5: Land
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3  cards
Th2.5: Labour
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12  cards
Th2.5: Capital
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2  cards
Th2.5: Enterprise
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3  cards
Th2.5: Technological Progress
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3  cards
Th2.5: Efficiency
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9  cards
Th2.5: Actual and Potential Growth
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8  cards
Th2.5: International Trade
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4  cards
Th2.5: Actual Growth Rates and Long-term Trends
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3  cards
Th2.5: Output Gaps
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8  cards
Th2.5: Aggregate Demand and Supply
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8  cards
Th2.5: The Trade Cycle
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7  cards
Th2.5: Characteristics of a Boom
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7  cards
Th2.5: Characteristics of a Recession
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6  cards
Th2.5: Hysteresis
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7  cards
Th2.5: Economic Growth - Consumers
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6  cards
Th2.5: Economic Growth - Firms
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7  cards
Th2.5: Economic Growth - The Government
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4  cards
Th2.5: Economic Growth - Current and Future Living Standards
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10  cards
Th2.6: Possible Macroeconomic Objectives
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13  cards
Th2.6: Demand-Side Policies
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5  cards
Th2.6: Monetary Policy - Interest Rates
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4  cards
Th2.6: Four Key Mechanisms
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11  cards
Th2.6: Problems with this Method of Demand Management
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7  cards
Th2.6: Quantitative Easing
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7  cards
Th2.6: Benefits of Quantitative Easing
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12  cards
Th2.6: Problems with Quantitative Easing
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6  cards
Th2.6: Other Methods
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6  cards
Th2.6: Role of the Bank of England
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6  cards
Th2.6: Fiscal Policy
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4  cards
Th2.6: Government Budgets
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3  cards
Th2.6: Indirect and Direct Taxation
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5  cards
Th2.6: Problems when Evaluating Fiscal Policy
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7  cards
Th2.6: Evaluation of Demand-side Policies
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8  cards
Th2.6: Monetary vs Fiscal Policy
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4  cards
Th2.6: The Great Depression
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5  cards
Th2.6: Causes of the Great Depression
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8  cards
Th2.6: Policy Responses in the UK
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9  cards
Th2.6: Policy Responses in the USA
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4  cards
Th2.6: Global Financial Crisis
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2  cards
Th2.6: Causes of the Global Financial Crisis
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10  cards
Th2.6: Policy Responses in the UK and USA
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6  cards
Th2.6: Supply Side Policies
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2  cards
Th2.6: Market Based and Interventionist Methods
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6  cards
Th2.6: Policies - Increased Incentives
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10  cards
Th2.6: Policies - Promote Competition
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8  cards
Th2.6: Policies - Reform the Labour Market
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12  cards
Th2.6: Policies - Improve Skills/Quality of Labour Force
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6  cards
Th2.6: Policies - Improve Infrastructure
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4  cards
Th2.6: Evaluation of Supply Side Policies
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9  cards
Th2.6: Economic Growth vs Environment Protection
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3  cards
Th2.6: Economic Growth vs Balance of Payments
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3  cards
Th2.6: Unemployment vs Inflation
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6  cards
Th2.6: Expansionary and Deflationary Fiscal and Monetary Policies
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2  cards
Th2.6: Changes in Interest Rates
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4  cards
Th2.6: Supply-side Policies
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3  cards
Th2.6: Fiscal Deficits
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4  cards

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a level eco - macro 1

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