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Decks in this class (22)
2.2.1 Characteristics of AD
What are the components of ad,
What is the acronym for ad,
What is consumption
16
cards
2.2.2 Consumption (C)
What is real income,
What is the average propensity to...,
What is the mpc
10
cards
2.2.3 Investment (I)
What is investment,
What is net investment,
What is gross investment
8
cards
2.2.4 Government Expenditure (G)
What is tax revenue,
What is government expenditure,
What is a budget deficit
14
cards
2.2.5 Net Trade (X - M)
If real income rises what happens...,
How does the exchange rate influe...,
How does the state of the world e...
6
cards
2.3.1 The Characteristics of AS
What is the short run aggregate s...,
What is the long run aggregate su...,
Inflation would cause what along ...
6
cards
2.3.2 Short-run AS
What 3 factors influence the shor...,
How does a change in the cost of ...,
How do exchange rates affect the ...
4
cards
2.3.3 Long-run AS
What is the classical view of the...,
What is the keynesian view of the...,
The classical lras curve
7
cards
2.4 National Income
What is the circular flow of income,
What are injections,
What are withdrawals
23
cards
2.1.1 Economic Growth
What is gdp,
What political and economic event...,
What is economic growth
30
cards
2.1.2 Inflation
What is inflation,
What is deflation,
What is disinflation
24
cards
2.1.3 Unemployment
What 2 measures do we use to meas...,
What is the claimant count,
What is the ilo labour force survey
22
cards
2.1.4 The Balance of Payments
What is the balance of payments,
What are the 3 components of the ...,
What is the financial account
15
cards
2.5 Economic Growth
What is potential economic growth,
What is actual economic growth,
What 4 factors affect economic gr...
34
cards
2.6.1 Macro-economic objectives
What is a policy,
What are the 4 main macro economi...,
What are the 3 additional macro e...
6
cards
2.6.2 Demand-side Policies - Monetary Policy
What is monetary policy,
What are the 3 tools under moneta...,
What is an interest rate
28
cards
Exam Question Planning
Discuss the consequences of high ...,
Assess the impact on the uk econo...,
Examine the effects of deflation ...
16
cards
2.6.4 Conflicts between economic objectives
How is there a conflict between e...,
How is there a conflict between u...,
How is there a conflict between e...
3
cards
2.1.4 Exchange Rates
How does an increase in the excha...,
How does an increase in the excha...,
How does an increase in the excha...
4
cards
2.6.2 Fiscal Policy
What is fiscal policy,
What are the 3 types of fiscal po...,
What are transfer payments in fis...
18
cards
2.6.3 Supply Side Policy
What is a supply side policy,
What 4 things does a supply side ...,
What are the 2 types of supply si...
7
cards
2.6.4 Conflicts between objectives and Policies
How is there a conflict between u...,
How is there a conflict between e...,
How is there a conflict between e...
4
cards
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Theme 2
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