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theme 2 econ: the uk economy - performance and policies

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

By: Hello Hi
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Decks in this class (30)

2.1 MEASURES OF ECONOMIC PERFORMANCE
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2.1.1 Economic growth
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2.1.2 Inflation
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2.1.3 Employment and unemployment
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2.1.4 Balance of payments
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2.2 AGGREGATE DEMAND (AD)
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2.2.1 The characteristics of AD
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2.2.2 Consumption (C)
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2.2.3 Investment (I)
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2.2.4 Government expenditure (G)
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2.2.5 Net trade (X-M)
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2.3 AGGREGATE SUPPLY (AS)
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2.3.1 The characteristics of AS
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2.3.2 Short-run AS
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2.3.3 Long-run AS
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2.4 NATIONAL INCOME
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2.4.1 National income
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2.4.2 Injection and withdrawals
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2.4.3 Equilibrium levels of real national output
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2.4.4 The multiplier
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2.5 ECONOMIC GROWTH
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2.5.1 Causes of growth
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2.5.2 Output gaps
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2.5.3 Trade (business) cycle
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2.5.4 The impact of economic growth
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2.6. MACROECONOMIC OBJECTIVES AND POLICIES
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2.6.1 Possible macroeconomic objectives
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2.6.2 Demand-side policies
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2.6.3 Supply-side policies
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2.6.4 Conflicts and trade-offs between objectives and policies
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theme 2 econ: the uk economy - performance and policies

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