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Decks in this class (23)
1.1-Circular flow of income
What is the circular flow of inco...,
True or false in the circular flo...,
Fill in the blank the two main se...
32
cards
1.2–Aggregate demand
What is aggregate demand 1,
What are the components of aggreg...,
True or false aggregate demand in...
32
cards
1.3-Aggregate Supply
What does aggregate supply as rep...,
True or false aggregate supply is...,
Fill in the blank the aggregate s...
31
cards
1.4-The interaction of Ad and AS
What does aggregate demand ad rep...,
What are the components of aggreg...,
True or false an increase in cons...
29
cards
1.5-The multiplier and the accelerator
What is the multiplier effect 1,
True or false the multiplier effe...,
Fill in the blank the formula for...
30
cards
2.1-Economic growth
What is economic growth 1,
True or false economic growth can...,
Fill in the blank economic growth...
31
cards
2.2-Development
What is economic development 1,
True or false economic growth and...,
Fill in the blank economic develo...
30
cards
2.3-Employment
What is the definition of employm...,
What is the unemployment rate 2,
True or false full employment mea...
30
cards
2.4-Inflation
What is inflation 1,
True or false inflation can lead ...,
What is the consumer price index ...
30
cards
2.5-Balance of payments
What is the balance of payments 1,
True or false the balance of paym...,
What are the two main components ...
32
cards
2.7-Income distribution and welfare
What is income distribution 1,
True or false income distribution...,
What is the lorenz curve used for 3
30
cards
2.8-The philips curve
What does the phillips curve illu...,
True or false the phillips curve ...,
Fill in the blank the original ph...
32
cards
3.1-Fiscal Policy
What is fiscal policy 1,
True or false fiscal policy can b...,
What are the two main tools of fi...
37
cards
3.2-Monetary Policy
What is monetary policy 1,
True or false the primary goal of...,
What are the two main types of mo...
37
cards
3.3-Supply Side Policy
What is supply side policy 1,
True or false supply side policie...,
Name one key objective of supply ...
39
cards
3.4-Policy Conflicts
What is the primary goal of monet...,
True or false fiscal policy invol...,
Fill in the blank the conflict be...
40
cards
4.1-International Trade
What is international trade 1,
True or false comparative advanta...,
What does the term balance of tra...
31
cards
4.2-Exchange rates
What is an exchange rate 1,
True or false a strong currency m...,
What is a floating exchange rate 3
29
cards
4.3-Globalisation
What is globalization 1,
True or false globalization only ...,
Fill in the blank globalization h...
31
cards
4.4-Trade Policies and Negotiations
What is a trade policy 1,
True or false trade policies can ...,
Fill in the blank a ________ is a...
32
cards
5.1-Money abd Interest rates
What is money 1,
What are the three main functions...,
True or false interest rates are ...
31
cards
5.2-The Financial Sector
What is the primary function of t...,
True or false financial instituti...,
Fill in the blank the ________ is...
33
cards
5.3-Financial Regulation
What is financial regulation 1,
True or false financial regulatio...,
Name one primary objective of fin...
29
cards
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Macro economics
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