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Economics 144

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

By: Rayno Mostert
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Decks in this class (16)

Chapter 1: Introducing Economics
Good 1,
Utility 2,
Bad 3
27  cards
Chapter 6
On what is the cpi based 0,
Price level 1,
Ppi 2
40  cards
Chapter 8: Aggregate Demand & Supply
3 components of the ad as framewo...,
The ad as framework relates 1,
Components of aggregate demand 2
61  cards
Chapter 9: The Self-regulating Economy
What does say s law imply 0,
Say s law 1,
What is needed for say s law to h...
15  cards
Chapter 7: GDP and Real GDP
Final good 0,
Gross domestic product 1,
Intermediate good 2
51  cards
Chapter 3: Demand and Supply
Market 1,
Demand 2,
Two important aspects of demand 3
38  cards
Chapter 10
4 classical position beliefs 1,
Efficiency wage models 2,
Assumptions for the simple keynes...
46  cards
Chapter 12: Money, Banking and the Financial System
Money 1,
3 major functions of money 2,
Barter 3
33  cards
Chapter 13: The South African Reserve Bank
5 functions of the sarb 1,
Formulation and implementation of...,
Why does the sarb conduct open ma...
12  cards
Chapter 14: Money & The Economy
Equation of exchange 1,
Velocity 2,
Simple quantity theory of money 3
17  cards
Chapter 15: Monetary Policy
Transmission mechanism 1,
Demand for money balances 2,
Why is the keynesian transmission...
27  cards
Chapter 16: Expectations Theory and the Economy
Phillips curve 1,
Relationship between money wage r...,
What does the inverse relationshi...
12  cards
Chapter 17: Economic growth: Resources, technology, ideas and institutions
Absolute real economic growth 1,
Per capita real economic growth 2,
Production function 3
10  cards
Chapter 21: International trade
Comparative advantage 1,
Tariff 2,
Quota 3
13  cards
Chapter 22: International Finance
Balance of payments 1,
Debit 2,
Foreign exchange market 3
25  cards
Chapter 23: Globalization
Globalization 1,
Tariff 2,
Offshoring 3
24  cards

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Economics 144

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