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Decks in this class (18)

2.1.1 Economic Growth
How is the change of real gross d...,
What is the distinction between e...,
What is a common national income ...
7  cards
2.1.2 Inflation
Define inflation deflation and di...,
How do you calculate the rate of ...,
What are the limitations of cpi i...
6  cards
2.1.3 Employment and Unemployment
What are the two measures of unem...,
What is the difference between un...,
What is the significance of chang...
6  cards
2.1.4 Balance of Payments
What are the components of the ba...,
Describe the components of the cu...,
Describe the components of the ca...
5  cards
2.2.1 Characteristics of Aggregate Demand
What are the components of aggreg...,
What is the relative importance o...,
What is the distinction between a...
3  cards
2.2.2 Consumption
What is disposable income and its...,
What is the relationship between ...,
What are some other influences on...
3  cards
2.2.3 Investment
What is the distinction between g...,
What are some influences on inves...
2  cards
2.2.4: Government Expenditure
What are the two main influences ...,
Explain how the trade cycle influ...,
Explain how the fiscal policy dec...
6  cards
2.2.5: Influences on Net Trade (X-M)
What are some key influences on t...,
How does real income influence ne...,
How do exchange rates influence n...
6  cards
2.3.1 Characteristics of Aggregate Supply (AS)
Define and describe the shape of ...,
What is the difference between a ...,
What is the relationship between ...
4  cards
2.3.2 Short-Run Aggregate Supply
What are the three main factors i...,
What are some real world examples...
2  cards
2.3.3 Long-Run Aggregate Supply
Define long run aggregate supply 1,
Explain the shape of the keynesia...,
What are the key beliefs of the k...
6  cards
2.4.1 National Income
Define circular flow of income 1,
What are the key components of th...,
What kinds of flows occur in the ...
7  cards
2.4.2 Injections and Withdrawals
What is an injection in regard to...,
What is a withdrawal in regard to...,
What are some real world examples...
4  cards
2.4.3 Equilibrium levels of Real National Output
What is equilibrium real national...,
How do shifts in aggregate demand...,
How do shifts in aggregate supply...
3  cards
2.4.4 The Multiplier
What is the multiplier ratio 1,
What is the multiplier process 2,
What are potential effects of the...
6  cards
2.5.1 Causes of Economic Growth
What are some factors which could...,
What is the distinction between a...,
What is the importance of interna...
4  cards
2.5.2 Output Gaps
What is the distinction between a...,
What is a positive vs negative ou...,
Why is it difficult to measure ou...
3  cards

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Economics Theme 2

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