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Economics - paper 2

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

By: Ahad Alghulayqah
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Decks in this class (12)

The UK Macroeconomy
Define economic growth,
Name four main economic objectives,
Name three secondary objectives
21  cards
Aggregate Demand
What is aggregate demand,
What is aggregate demand made up of,
What does the ad curve show
42  cards
Macro objectives and policies
What are the 4 key macroeconomic ...,
What are the other macroeconomic ...,
What are demand side policies
10  cards
Aggregate Supply
What is aggregate supply,
What as indicate,
What is the relationship between ...
13  cards
measuring national income
What is economic growth,
What is gdp,
What is the difference between re...
20  cards
Inflation
What is inflation,
What is deflation,
What is disinflation
18  cards
Employment and Unemployment
What is unemployment,
What is the claimant count,
Evaluate the claimant count
18  cards
Balance of payments
What is the balance of payments,
What are exports,
What are imports
14  cards
Demand side policies
What are demand side policies,
What is monetary policy,
What is fiscal policy
13  cards
National income
What is the circular flow of income,
What is the distinction between w...,
What are injections
16  cards
economic growth
What factors increase economic gr...,
How does land effect economic gro...,
How does labour affect economic g...
24  cards
STATS
Annual growth rate 2021,
Annual growth forecasts,
Output gap
27  cards

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Economics - paper 2

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