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Shirax Baig
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Decks in this class (13)
Topic 1.1 The objectives of government economic policy
Summary of main macroeconomic obj...,
1 economic growth 2,
Short run economic growth 3
12
cards
Interim Flashcards
Gross domestic product gdp 1,
Real statistic 2,
Inflation 3
31
cards
Topic 2: Definitions
Describe the circular flow of inc...,
Injections 2,
Withdrawals 3
23
cards
Topic 2.1 The Circular Flow of Income
Describe the circular flow of inc...,
Injections 2,
Withdrawals 3
8
cards
Topic 3.1 Economic Performance
Economic growth 1,
Short run economic growth 2,
Long run economic growth 3
18
cards
Topic 3.2 Employment and Unemployment
Unemployment definition 1,
2 ways to measure unemployment 2,
Labour force survey lfs 3
21
cards
Topic 3.3 Inflation and Deflation
Inflation 1,
Deflation 2,
Disinflation 3
28
cards
Topic 3.4 The balance of payments on current accounts
Balance of payments 1,
3 sections of the balance of paym...,
Current account surplus 3
10
cards
Topic 3.5 Possible conflicts between macroeconomic policy objectives
Short run phillips curve 1,
Ad right cause conflict 2,
Ad left 3
3
cards
Topic 4.1 Monetary Policy
Monetary policy 1,
Expansionary monetary policy 2,
Contractionary monetary policy 3
16
cards
Topic 4.2 Fiscal Policy
Fiscal policy 1,
Average rate of tax formula 2,
Progressive tax 3
21
cards
Topic 4.3 Supply-Side Policies
Supply side policies 1,
What causes lras to shift to the ...,
Types of supply side policies 3
9
cards
Topic 6.2 Trade
Why does trade take place 1,
Absolute advantage 2,
Comparative advantage 3
4
cards
More about
Economics Paper 2
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