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User 123
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Decks in this class (24)
2.1.1 Econ Growth ✅
What is short run,
Long run econ growth is the incre...,
What is gdp
21
cards
2.1.2 Inflation ✅
What is a sustained increase in t...,
What is a fall in prices and what...,
What do consumers tend to do duri...
17
cards
2.1.3 Unemployment ✅
What are the two ways that measur...,
Negative of claimant count and la...,
Positive of claimant count and la...
27
cards
2.1.4 Balence Of Payments ✅
What is the balance of payments,
What flow of forgiven currency is...,
What are the two components of ba...
14
cards
2.2.1 Characteristics Of AD ✅
What is aggregate demand,
What is the formulae for aggregat...,
What is the most important ad com...
12
cards
2.2.2 Consumption ✅
What is consumption,
What is disposable income,
How does disposable income influe...
13
cards
2.2.3 Investment (I) ✅
What is investment,
How do you distinct gross and net...,
What can influence investment
11
cards
2.2.4 Government Expenditure (G) ✅
What does the impact of gov spend...,
What is gov spending,
What is negative economic growth ...
14
cards
2.2.5 Net Trade (X-M)
What is the net trade balence,
What influences the net trade bal...,
How does real income effect the t...
4
cards
2.3.1 The Characteristics Of AS ✅
What is as aggregate supply,
Why does the as slope upwards,
What does the as supply curve sho...
8
cards
2.3.2 Short Run AS ✅
What is short run aggregate supply,
What causes a shift in short run,
Name the factors that effect shor...
6
cards
2.3.3 Long Run AS
What is long run as what is it co...,
How is a long run as curve influe...,
What are the two long run as curves
8
cards
2.4.1 National Income ✅
What is the circular flow of income,
What is the distinction between i...,
Draw the circular flow of income
5
cards
2.4.2 Injections And Withdrawals ✅
What are injections and name them,
What are withdrawals and name them,
What happens when the injections ...
8
cards
2.4.3 Equilibrium Levels Of Real National Output ✅
When there is a shift what does t...,
What is real national out equilib...,
In a classical economics graph wh...
12
cards
2.4.4 The Multiplier
Define the multiplier,
What is the multiplier ratio,
How can you also calculate the va...
14
cards
2.5.1 Causes Of Growth ✅
What are the factors that cause e...,
What causes short run econ growth...,
What causes lr economic growth no...
11
cards
2.5.2 Output Gaps ✅
What is actual growth and long te...,
What is the difference between ac...,
What are output gaps a sign of gi...
11
cards
2.5.3 Trade (business) Cycle ✅
Draw the trade business cycle,
What is the difference between de...,
What does the trade cycle demonst...
7
cards
2.5.4 The Impact Of Economic Growth ✅
Benefits of econ growth to consumers,
Benefits of econ growth to firms,
Benefits of econ growth to gov
8
cards
2.6.1 Possible Marcoeconomic Objectives ✅
What are supply side policy s for,
What are possible macroeconomic o...,
How are these policies achieved
5
cards
2.6.2 Demand-side Policies ✅
What is the distinction between m...,
What is the transmission mechanism,
What are interest rates and who c...
21
cards
2.6.3 Supply-side Policies ✅
What is the distinction between m...,
What are the market based policies,
What are the interventionist poli...
4
cards
2.6.4 Conflicts And Trade-offs Between Objectives And Policies
0
cards
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Econ Theme 2
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