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Intro to Econ 2

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

By: tom rawlinson
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Decks in this class (11)

1.1 Intro/Wellbeing/Inflation
What is the austrian school of th...,
What is marxist economics how doe...,
What is keynesian economics
12  cards
2 Cost of living, production and growth
What is the cpi and how is it cal...,
What is ppi,
What are some of the problems mea...
18  cards
3 Unemployment
What are some definitions require...,
What are reasons for economic ina...,
What are some patterns of unemplo...
14  cards
4. Financial system
What is financial system,
What are financial markets,
What is the bond market
9  cards
4.2 Monetary System and Monetary Control
What are the functions and roles ...,
What are the types of money,
What is the money stock
14  cards
5. Money growth, Inflation, Quantity theory of money, Business Cycles
What is the impact of inflation,
What determines the money supply,
What is the effect of a monetary ...
22  cards
6 AD/AS/ IS-LM Model
What is the classical economic th...,
What are the assumptions of short...,
Why is ad curve downward sloping
19  cards
7. MP/FP/EP and Philips curve
What are demand driven economic f...,
What are supply driven fluctuations,
What are examples of ad as driven...
25  cards
8. Open Economy, Exchange Rates, PPP
What is the balance of trade,
What is the international flow of...,
What is net capital outflow nco w...
18  cards
8.2 FOREX and trade
What is the market for foreign cu...,
How do market for loanable funds ...,
What is the relationship with ppp...
9  cards
9. Common Currency Areas
What are the benefits of a single...,
What are the costs of a single cu...,
What is the effect of the euro ho...
9  cards

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Intro to Econ 2

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