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Macro Economics

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

By: Labibah Boshor
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Decks in this class (15)

lesson 1
What is macro economics,
How do we measure economic perfor...,
What is balance of payments
28  cards
text books: economic growth
What is aggregate demand,
More people are employed,
What can the governments other ob...
12  cards
multiple choice 1 + 2
What do we measure growth with,
What does it mean if actual growt...,
Why does unemployment carry an op...
17  cards
lesson 2
Define economic growth,
Explain what an economic cycle is,
What is an output gap
27  cards
lesson 3
Explain why rising interest rates...,
What is the circular flow of income,
What does an economic shock resul...
28  cards
John Maynard Keynes
What was the main point that he a...,
What did john maynard keynes argu...,
What is the trouble with keynes
11  cards
lesson 4
When do we have a budget deficit,
When do we run a bud,
What is aggregate demand
24  cards
lesson 5
A rightward shift in adwhat will ...,
A leftward shift in adwhat will d...,
What is aggregate supply
16  cards
lesson 6
What is macroeconomic equilibrium,
If there is increased consumption...,
If there is increased savings wha...
21  cards
lesson 7
What is the chain for a positive ...,
What is the chain for a negative ...,
What are the traditional two main...
22  cards
March Mock Year 12
Define the term national income,
Define the term circular flow of ...,
Explain what is meant by spare ca...
8  cards
lesson 8
What is the equation for ad,
What does growth refer to,
What is growth measured by
19  cards
econ plus dal: causes of economic growth
What is economic growth,
An increase in ad is known as wha...,
When labelling a macro ppc what d...
17  cards
lesson 9
What happens when we have reflati...,
When we have inflationary growth ...,
When we have spare capacity there is
29  cards
the sheets with TIIB and however IDO
Unemployment,
Unemployment,
Inflation
12  cards

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Macro Economics

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