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macro year 1

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

By: zahranur tasyurdu
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Decks in this class (14)

Lesson 1 - Measuring Macroeconomic Performance
Define economic growth,
What is economic growth measured ...,
What is actual growth
12  cards
Lesson 2 - Macroeconomic Indicators
What are the 5 macroeconomic obje...,
What are the 4 macroeconomic indi...,
What is the difference between a ...
13  cards
Lesson 3 - The Circular Flow Of Income
What is actual growth,
What is trend growth,
Draw and name the 4 parts of the ...
20  cards
Lesson 4 - Aggregate Demand
What is aggregate demand,
What are the 4 components of ad,
What is the equation for ad
9  cards
Lesson 5 - Aggregate Supply
Define aggregate supply,
What is short run aggregate supply,
What is long run aggregate supply
7  cards
Lesson 7 - The Objectives Of Government Policy
What is equilibrium in an economy,
What is a nanny state,
What are the two types of governm...
9  cards
Lesson 8 - Economic Growth
What is short run growth,
What is long run growth,
What are the short run causes of ...
8  cards
Lesson 9 - Inflation And Deflation
What are the 4 types of inflation,
What is demand pull inflation,
What is cost push inflation
11  cards
Lesson 10 - Unemployment
What is the natural rate of unemp...,
What are the four types of unempl...,
What is cyclical unemployment
12  cards
Lesson 11 - Balance Of Payments
What is the balance of payments,
Money coming in is known as,
Money going out is known as
14  cards
Lesson 12 - Government Policy
Who was margaret thatcher,
What did margaret thatcher focus on,
What did gordon brown do and why
20  cards
Lesson 13 - Fiscal Policy
What is fiscal policy,
What is the difference between th...,
What are automatic stabilisers
14  cards
Lesson 14 - Monetary Policy
What is monetary policy,
What is progressive tax,
What is regressive tax
13  cards
Lesson 15 - Supply Side Policies
What are supply side policies,
Name the types of supply side pol...,
What does the laffer curve show
10  cards

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macro year 1

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