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

Decks in this class (13)

Economic Growth
What causes short run economic gr...,
What causes long run economic gro...,
What is a boom 3
17  cards
Fiscal policy
Loose fiscal policy 1,
Tight fiscal policy 2,
Automatic stabilisers 3
21  cards
Measuring Economic Performance
What are the four main economic i...,
What are the two way output can b...,
What is economic growth 3
13  cards
Measuring Inflation
Inflation 1,
Deflation 2,
Hyperinflation 3
16  cards
Balance of Payments
What are the three accounts on th...,
What are the four sections on the...,
What is the trade in goods 3
12  cards
Unemployment
What is the claimant count 1,
What is jsa 2,
Benefits of the claimant count 3
20  cards
Aggregate Demand
What is consumption 1,
What percentage of ad is consumpt...,
What is the relationship between ...
34  cards
Aggregate Supply
Aggregate supply 1,
How long is the short run 2,
How long is the long run 3
26  cards
Circular Flow
What is the physical flow from h ...,
What is the physical flow from f ...,
What is the monetary flow from h ...
25  cards
UK recent macroeconomic performance
What was inflation rate in octobe...,
What was inflation rate in octobe...,
Current interest rate 3
9  cards
Government Policy Objectives
Why do governments want to distri...,
How does the government redistrib...,
What are the benefits of higher i...
24  cards
Monetary Policy
Tight monetary 1,
Loose monetary 2,
What is the main aim of monetary ...
21  cards
Supply Side Policy
What is the aim of supply side po...,
Free market supply side policy 2,
Interventionist supply side policy 3
8  cards

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Economics Theme 2

  • Class purpose General learning

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