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Decks in this class (12)

Lecture 1: Aggregate Economic Activity
Gdp definition and formula,
Gdp formula and identification of...,
Gdp measurement methods
7  cards
Lecture 2: Inflation, interest rates and unemployment
Price index measures 2 measures,
Inflation definition formula and ...,
Issue with cp measure of inflation
13  cards
Lecture 3: Short-run fluctuations, Keynesian Model
Output gap,
Unemployment gap,
Okun s law explanaition and formula
8  cards
Lecture 4.1: Fiscal Policy
What is fiscal policy just defini...,
Fiscal policy spending explained,
Fiscal policy revenue explained
8  cards
Lecture 4.2: Monetary Policy
Goals of monetary policy,
Inflation target and the reasons ...,
Natural rate hypothesis issue and...
12  cards
AD-AS Model
Aggregate demand equation,
Relationship between inflation in...,
Aggregate supply function
9  cards
Lecture 6.1: Savings + Capital Formation
Saving definition,
Saving rate formula,
3 key motives for saving
16  cards
Lecture 6.2: Long-run growth
What is long run growth,
Output per person formula,
What is output per worker labour ...
13  cards
Lecture 7: Solow Swan
Two long run properties solow swa...,
Solow swan capital accumulation f...,
Draw a labelled solow swan diagram
13  cards
Lecture 8: International Trade
Reasons for trade,
Gains from trade,
Absolute advantage
15  cards
Lecture 9: Exchange Rates
Nomial bilateral exchange rate,
Real exchange rates explanaition ...,
Growth in real exchange rate formula
13  cards
Lecture 10: The Balance of Payments
Private income formula,
National income formula,
National savings formula
10  cards

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Macroeconomics

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