This class was created by Brainscape user Whitney F. Visit their profile to learn more about the creator.
By:
Whitney F
- decks
- flashcards
- learners
Decks in this class (23)
Unit 1: Basic Economic Concepts
Economics 1,
Scarcity 2,
Macroeconomics 3
30
cards
2.1: The Circular Flow and GDP
Public sector 1,
Private sector 1,
Factor payments 2
20
cards
2.3: Unemployment
What is unemployment 1,
The unemployment rate 2,
Who is considered part of the lab...
14
cards
2.4: Price Indices and Inflation
Inflation 1,
Why is inflation bad 2,
Deflation 3
13
cards
2.5: Costs of Inflation
Who is hurt by unanticipated infl...,
Who is helped by inflation 2,
Nominal vs real wage 3
11
cards
2.6: Real vs Nominal GDP
Nominal gdp 1,
Real gdp 2,
Gdp deflator 3
4
cards
2.7: Business Cycles
Expansion recovery 1,
Contraction recession 2,
Peak 3
5
cards
Unit 2 Equations
Real gdp 1,
Nominal gdp 2,
Change in gdp 3
12
cards
3.1: Aggregate Demand
Aggregate 1,
Aggregate demand 2,
Why is the aggregate demand curve...
11
cards
3.1 to 3.3 Vocab
Multiplier 1,
Multiplier effect 2,
Marginal propensity to consume 3
16
cards
3.3: Short Run Aggregate Supply
What is sras 1,
Lras 2,
Shifters of aggregate supply 3
3
cards
3.4: LRAS
Shifters of lras 1
1
cards
3.5: Shifters of LRAS
Inflationary gap positive output ...,
Recessionary gap negative output ...
2
cards
3.6: Changes in the AD-AS Model in the Short Run
Stagflation 1,
Demand pull inflation ad increases 2,
Cost push inflation sras decreases 3
4
cards
3.7: Long Run Self Adjustment
Difference between short run and ...,
Long run and shifts 2,
Note 3
3
cards
3.8: Fiscal Policy
Fiscal policy 1,
Monetary policy 2,
Discretionary fiscal policy 3
7
cards
4.1: Financial Assets
Financial sector 1,
Asset 2,
Interest rate 3
13
cards
4.2: Nominal vs Real Interest Rates
Real interest rates 1,
Nominal interest rates 2,
Future value equation 3
4
cards
4.3: Barter System
What is the barter system 1,
Problems with the barter system 2,
Money 3
12
cards
4.4: Banking and the Expansion of the Money Supply
Fractional reserve banking 1,
Money multiplier equation 2,
Demand deposits 3
6
cards
4.5: The Money Market
The two reasons people demand mon...,
What happened to the quantity dem...,
What happened to the quantity dem...
6
cards
4.6: Monetary policy
What are the three shifters of th...,
What happens when the fed increas...,
What can the fed do to increase t...
11
cards
4.7: The Loanable Funds Market
The loanable funds market 1,
Private savings 2,
Public savings 3
12
cards
More about
AP Macroeconomics
- Class purpose General learning
Learn faster with Brainscape on your web, iPhone, or Android device. Study Whitney F's AP Macroeconomics flashcards now!
How studying works.
Brainscape's adaptive web mobile flashcards system will drill you on your weaknesses, using a pattern guaranteed to help you learn more in less time.
Add your own flashcards.
Either request "Edit" access from the author, or make a copy of the class to edit as your own. And you can always create a totally new class of your own too!
What's Brainscape anyway?
Brainscape is a digital flashcards platform where you can find, create, share, and study any subject on the planet.
We use an adaptive study algorithm that is proven to help you learn faster and remember longer....
Looking for something else?
AP Macroeconomics
- 6 decks
- 511 flashcards
- 108 learners
Decks:
Unit 01 Basic Economic Concepts, Unit 02 Economic Indicators And The Busi, Unit 03 National Income And Price Determ, And more!
Economics - Macro
- 27 decks
- 1016 flashcards
- 76 learners
Decks:
Balance Of Payments, 2 5 3 Macroeconomic Objectives And Polic, 2 5 2 Macroeconomic Objectives And Polic, And more!
Macroeconomics
- 26 decks
- 1537 flashcards
- 693 learners
Decks:
Chapter 1, Chapter 2, Chapter 7, And more!
AP 1
- 32 decks
- 1651 flashcards
- 32 learners
Decks:
Test 1 Part I Clinical Monitoring, Test 1 Part Ii Cm, Test 1 Part Iii Cm, And more!
