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Economics-macro

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

By: Sophie Manchester
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Decks in this class (12)

2.2.1 The Characteristics of AD
What is aggregate demand,
What is the equation for ad,
What are the components of ad
10  cards
2.2.2- Consumption
What is consumption,
Whats the equation for marginal p...,
What are the factors effecting co...
10  cards
2.2.3- Investment
What is investment,
Difference between gross and net ...,
Factors affecting investment
4  cards
2.2.4 Government expenditure
What influences gov expenditure,
What happens in a boom,
What happens in a slump slowdown
9  cards
2.2.5 Net trade (X-M)
What are the influences on net trade,
How does real income effect net t...,
How does exchange rates effect ne...
5  cards
2.3.1- Characteristics of AS
What is aggregate supply,
What happens in the mass unemploy...,
What happens in the curved sectio...
7  cards
2.3.2 + 2.3.3 - Short and long run AS (Classical)
What are assumptions made about t...,
Why does the sras slope have a up...,
What does the shape of the sras c...
8  cards
2.4.1 + 2.4.2 National income, injections and withdrawals
What are the measures of economic...,
What is the circular flow of income,
What is income
9  cards
2.4.3- Equilibrium levels of national output
Where is equilibrium,
What is the impact of a shift,
Where does unemployment exist on ...
7  cards
2.4.4 The Multiplier
What is the multiplier,
How to calculate the multiplier,
What is the size of the multiplie...
6  cards
2.6.2 Demand side policies
What is monetary policy,
What is the base rate,
Why does mpc control the monetary...
42  cards
2.6.3 Supply side policies
What are supply side policies,
What is the neo liberal classical...,
What is the interventionist appro...
9  cards

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Economics-macro

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