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macroeconomics

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

By: Olivia Joseph
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Decks in this class (15)

Objectives of government economic policy
Four main objectives,
Additional goals,
Possible conflicts
3  cards
Macroeconomic indicators
What can we measure to see the ec...,
Gdp,
Real gdp vs nominal
8  cards
Index numbers
Calculating an index number,
Calculating cpi for one year
2  cards
Uses of national income data
Short run economic growth,
Long run economic growth,
Ppp
7  cards
Circular flow of income
Three injections,
3 leakages withdrawals,
What is added to the circular flo...
16  cards
AD Determinants
Why does the ad curve slope downw...,
Examples of external shocks that ...,
What are called factor returns or...
21  cards
AD and the level of economic activity
Multiplier effect,
Multiplier ratio,
The multiplier is larger when
5  cards
Determinants of SRAS
Sras,
Lras,
Why is the sras curve upward sloping
6  cards
Determinants of LRAS
A shift in the lras curve represe...,
Factors that change a nation s po...,
What does the classical view of l...
10  cards
Economic growth and cycle
What diagrams can be used to show...,
Factors that cause economic growt...,
What diagrams can be used to show...
15  cards
(Un)Employment
Advantages of the labour force su...,
Disadvantages of the labour force...,
Advantages of the claimant count ...
13  cards
Inflation
Target for inflation,
Deflation,
Disinflation
8  cards
The balance of payments on current account
What is the current account,
Current account deficit and surplus,
Causes of a current account deficit
3  cards
Macroeconomic objectives conflicts
Economic growth and inflation,
Economic growth and bop,
3  cards
Monetary Policy
Who sets monetary policy
2  cards

More about
macroeconomics

  • Class purpose General learning

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