This class was created by Brainscape user Louis Gillam.

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Decks in this class (15)

Economic growth
Actual growth 1,
Potential growth 2,
Real gdp 3
25  cards
Unemployment
Unemployed 1,
Employed 2,
Economic inactivity 3
54  cards
Inflation
Inflation 1,
Causes of inflation 2,
Demand pull inflation 3
36  cards
The balance of payments
Balance of payments definition 1,
What makes up the balance of paym...,
Current account 3
26  cards
Fiscal policy
Supply side fiscal policy 1,
Supply side fiscal policy examples 2,
Supply side fiscal policy reducin...
21  cards
Debt
Cause of government dept 1,
How are fiscal deficits financed 2,
Implications of high levels of pu...
12  cards
Monetary policy
Role of the bank of england 1,
Role of the central banks lender ...,
Advantages and disadvantages of b...
16  cards
Exchange rates
Floating system 1,
Causes of exchange rate changes 2,
Causes of exchange rate changes i...
26  cards
Supply side policies
Supply side policies 1,
Limitations 2
2  cards
Financial stability
The extent to which the uk financ...,
Disadvantages of the uk financial...,
Asset bubbles 3
10  cards
International trade
International trade 1,
Absolute advantage 2,
Comparative advantage 3
43  cards
Economic development
Economic development 1,
How effective is national income ...,
Gdp and gni 3
51  cards
Macroeconomic theory
Circular flow of income 1,
A closed model 2,
National output 3
24  cards
NON-UK economies
Background and history of the eu 1,
Ftas 2,
Rules of origin of ftas 3
55  cards
Global Economics essay plans
Benefits of a customs union free ...,
Benefits of a customs union commo...,
Costs of a customs union cons of ...
21  cards

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Economic macro

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