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Martin Feffet
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Decks in this class (21)
Aggregate Demand
What is aggregate demand,
What are the sources of aggregate...,
What are the 4 ckmponents of ad
21
cards
Consumption
What is consumption,
How does an increase in income af...,
What is disposable and discretion...
11
cards
Factors affecting consumption
What factors affect consumption,
What is the flow chart for how hi...,
What is wealth
8
cards
Investment
What factors affect investment,
Ways to finance investments,
Different types of capital invest...
8
cards
Government Spending
What is government spending,
Examples of government spending,
Examples of continouse
10
cards
Net exports
How do you work out net exports,
What factors affect net exports,
In the case of net exports who ar...
7
cards
Aggregate Supply/SRAS
Define aggregate supply,
What is on the x and y axis on an...,
Name the 2 types of aggregate supply
9
cards
LRAS
Name the 2 theories for lras,
Summarise classical lras,
What does the lras
8
cards
Equilibrium Real National Output
1
cards
Multiplier Effect
Describe how an increase in incom...,
Describe how an increase in gover...,
Define the term multiplier effect
14
cards
Shifts in AS
When costs change which aggregate...,
When quantity quality change whic...,
What effect would inward migratio...
5
cards
Supply side policies
What is the main aim of supply si...,
What are the two different types ...,
Increasing in the market will inc...
9
cards
Inflation
What is inflation,
What are the 2 types of inflation,
Describe demand pull inflation
11
cards
Business Cycle
Name the 4 parts of the business ...,
What is a recession,
What increases when there are lon...
9
cards
Measures of Economic Performance
What does gdp stand for and what ...,
What is gdp per capita you can gi...,
What is the difference between re...
6
cards
Inflation
Define the following termsinflati...,
How is cpi consumer price index c...,
Limitations of cpi
8
cards
Employment and Unemployment
Define unemployment,
Name and describe the 2 ways to m...,
Give reasons why there may be dif...
10
cards
Balance of Payments - Current Account
What is the balance of payments,
What are the 4 components that ma...,
Define remittances
4
cards
Macroeconomic Objectives
What are the 6 main uk govt objec...
1
cards
Demand Side Policies
What are the 2 types of demand si...,
Name the 2 components of each dem...,
What are the main purpose of dema...
6
cards
Conflicts and Trade-offs Between Govt Objectives
What the trade off as a result of...,
What is the potential trade offs ...
2
cards
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Economics Theme 2
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