Economics REVISION 3 (Macro)

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Decks in this class (32)

Government Economic Policy
Additional objectives of macro po...,
What does the philips curve show,
What happens on the philips curve...
27  cards
Financial Markets And Monetary Policy
Characteristics of money,
Key functions of money,
What is narrow money
26  cards
Commerical Banks And Investment Banks
What do commercial banks provide,
What are commercial banks license...,
Aims of commercial banks
11  cards
Banks And Facilitating Lending
What are long term financing,
What is medium term financing,
What is short term financing
19  cards
Central Banks And Monetary Policy
Main functions of a central bank,
What is the central bank s part i...,
What is the central bank s part i...
19  cards
Keynesian Liquidity Trap
When does a liquidity trap occur,
Within the liquidity trap how is ...,
What do keynesians believe
4  cards
Quantitative Easing
What is the main aim of qe,
What does the bank of england use...,
How is the money created
8  cards
Regulation Of The Financial System
What is the financial policy comm...,
What does the fpc publish,
What does the fpc have the power ...
22  cards
Regulation Of The Financial System 2
What is micro prudential regulation,
What is macro prudential regulation,
When does market failure occur
11  cards
Financial Crisis
Types of financial crisis,
What is a financial crisis,
What is an insolvency crisis
19  cards
Perspectives On Policy Response
Keynesian approach on policy resp...,
Austrian approach,
Strategies for avoiding future fi...
3  cards
Fiscal Policy
What are some of they key aspects...,
What does government spending inc...,
What is current spending
16  cards
Fiscal Policy 2
Effect of a lower corporation tax...,
Evaluation on the effects of a cu...,
Impact of government spending on ...
10  cards
Fiscal Policy 3
What are discretionary fiscal cha...,
What are automatic stabilisers,
What happens to tax revenues when...
12  cards
Crowding Out / Fiscal Multiplier
What is the crowding out view,
Crowding out what if the governme...,
Evaluating the crowding out theory
8  cards
Supply-Side Policies
What are supply side policies,
What are market policies designed...,
What do supply side reforms affect
19  cards
Supply-Side Policies 2
Policies to attract fdi,
What are market based supply side...,
Examples of market based supply s...
9  cards
Trade
What is international trade,
What is free trade,
What is specialisation
14  cards
Globalisation
What is globalisation,
Characteristics of globalisation,
Key drivers of globalisation
9  cards
Role Of Multinationals In Gloablisation
What is a mnc,
What is the control of mncs in th...,
Key reasons for the rapid growth ...
17  cards
Trade 2
Ppfs of two countries that have t...,
Key assumptions behind the theory...,
What is the intra industry trade
19  cards
Trade 3
What is a customs union,
How does a customs union differ f...,
When does trade creation occur
12  cards
Protectionism
What do tariffs aim to do,
Benefits of tariffs,
Why does consumer surplus do foll...
28  cards
Protectionism 2
Impact of a trade subsidy on dome...,
Impact of a trade subsidy on cons...,
Impact of a trade subsidy on the ...
21  cards
The Balance Of Payments
What does the current account inv...,
What is net primary income,
What is net secondary income
11  cards
The Balance Of Payments 2
Key causes of a current account d...,
How can a strong xr cause a curre...,
Consequences from a current accou...
15  cards
The Balance Of Payments 3
Expenditure reducing policy instr...,
Expenditure reducing policy instr...,
Expenditure reducing policy evalu...
7  cards
BoP Current Account Surplus
What does a large persistent curr...,
Consequences of a current account...,
Evaluative points of a current ac...
12  cards
XRs And XR Systems
What is an xr,
What is the effective xr,
What is the largest economy in th...
14  cards
XRs And XR Systems 2
Where does the demand for a natio...,
Causes of changes in the xr,
What factors determine a currency...
17  cards
XRs And XR Systems 3
What is a fixed xr system,
What is a managed floating xr,
What tools can be used for managi...
12  cards
XRs And XR Savings 4
Problems with using the xr to mea...,
What do calculations of gdp based...,
What is the balassa samuelson effect
8  cards

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Economics REVISION 3 (Macro)

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