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

Decks in this class (15)

Chapter 1: Principles of Macroeconomics
How individuals make choices 1,
Resource 2,
Economics 3
31  cards
Chapter 2:
Model 1,
Ceteris paribus assumption 2,
Ppf production possibility fronti...
15  cards
Chapter 3
When taking an exam 1,
Competitive market 2,
Supply and demand model 3
26  cards
Chapter 5
Comparative advantage ricardian m...,
Autarky 2,
Sources of comparative advantage 3
16  cards
Chapter 6: Macroeconomics: The Big Picture
Paradox of thrift 1,
Self regulating before 1930s 2,
Keynesian economics 3
11  cards
Chapter 7: Tracking the Macroeconomy
Gdp 1,
National income and product accou...,
Consumer spending 3
23  cards
Chapter 8: Unemployment and Inflation
Employment 1,
Unemployment 2,
Labor force 3
38  cards
Chapter 9: Long Run Economic Growth
Rule of 70 1,
Next 4 slides are sources of long...,
2 physical capital 3
17  cards
Chapter 10: Savings, investment spending, and the financial system
The savings investment spending i...,
Sisi in a closed economy 2,
Budget surplus 3
21  cards
Chapter 11: Income and Expenditure
Initial assumptions re how change...,
Marginal propensity to consume mpc 2,
Marginal propensity to save mps 3
34  cards
Chapter 12: Aggregate Demand and Aggregate Supply
Aggregate demand curve adc 1,
Why does adc slope downward 2,
Consumer firms factors that shift...
11  cards
Chapter 13: Fiscal Policy
Discretionary fiscal policy that ...,
Lags in fiscal policy 2,
Fiscal policy and the multiplier 3
16  cards
Chapter 14: Money, Banking and the Federal reserve System
Money 1,
Currency in circulation 2,
Checkable bank deposits 3
35  cards
Chapter 15: Monetary Policy
Short term interest rate 1,
Long term interest rate 2,
Money demand curve 3
16  cards
Chapter 19
0  cards

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Macroeconomics

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