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Economics Theme 4

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

By: Malachy Jones
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Decks in this class (17)

Globalisation
What is globalisation,
Three main characteristics of glo...,
Other characteristics of globalis...
16  cards
Factors influencing G and D
How does primary product dependen...,
Primary products,
How does volatility in commodity ...
18  cards
Strategies influencing G and D
Market orientated strategies for ...,
Interventionist strategies for im...,
Other strategies for improving g ...
34  cards
Measures of development
What is the main aim of measuring...,
Why is measuring development not ...,
What is the hdi and what does it do
8  cards
Trade
Advantages to international trade,
Disadvantages of international trade,
Advantages of specialisation
35  cards
Trading Blocs and WTO
What is a trading bloc,
Bilateral agreement,
Multilateral agreement
19  cards
Balance of Payments
What are the three components of ...,
What does the current account inv...,
What does the capital account inv...
23  cards
Exchange rates
What is a fixed exchange rate,
What is a floating exchange rate,
Managed floating
20  cards
International Competitiveness
Relative unit labour costs,
Relative productivity,
Relative export prices
9  cards
Poverty and Inequality
Absolute poverty,
What is the poverty line,
Relative poverty
23  cards
Role of financial markets
Functions of financial markets,
Equities,
How does the financial market fac...
9  cards
Market failure in the financial sector
What are all the forms of market ...,
How does asymmetric information r...,
How do externalities result in ma...
12  cards
Role of Central Banks
What is the role of a commercial ...,
What is the role of a investment ...,
What is a hedge fund
34  cards
Public Expenditure
Capital expenditure,
Current expenditure,
Transfer payments
20  cards
Taxation
Progressive tax,
Regressive tax,
Proportional tax
14  cards
Public Sector Finance
Automatic stabilisers,
Discretionary fiscal policy,
Different between the fiscal defi...
16  cards
Macro-economic Policies in a Global Context
Direct control,
How has the uk government been tr...,
Austerity measures
29  cards

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Economics Theme 4

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