This class was created by Brainscape user Anisah Patankar. Visit their profile to learn more about the creator.
By:
Anisah Patankar
- decks
- flashcards
- learners
Decks in this class (22)
2.1.1 Economic Growth
What is gross domestic product,
Explain the difference between re...,
Explain the difference between to...
10
cards
2.1.2 Inflation
What is inflation,
What is deflation,
What is disinflation
22
cards
2.1.3 Unemployment
What is meant by unemployment,
What is the claimant count,
Give a reason why this may not be...
31
cards
2.1.4 Balance of Payments
What is the balance of payments,
What are the four components of t...,
What is meant by a current accoun...
9
cards
2.2.1 Aggregate Demand
What is aggregate demand,
What are 4 components of ad,
What of ad is comprised of each c...
7
cards
2.2.2 Consumption
Define consumption,
Define disposable income,
Explain the relationship between ...
10
cards
2.2.3 Investment
What is net investment,
What is gross investment,
What is capital depletion
10
cards
2.2.4 Government spending
Explain what is meant by governme...,
Define transfer payments,
Explain why transfer payments are...
7
cards
2.2.5 Trade Balance
Explain the meaning of trade balance,
Explain the difference between ex...,
Explain the effect of an increase...
9
cards
2.3.1 Aggregate Supply
What is the definition of aggrega...,
What are the axes of an as diagram,
How is the short run defined in e...
9
cards
2.4.1 National Income
What is the circular flow of income,
What is the difference between in...,
What is the opportunity cost of a...
4
cards
2.4.2 Injections and withdrawals
What is an injection,
Give 3 injections,
What is a withdrawal
7
cards
2.4.3 Equilibrium levels of National Output
What condition must be achieved f...,
What are the axes on a as ad graph
2
cards
2.4.4 Multiplier
The multiplier is a ratio but wha...,
What is the mps,
What is the mpc
7
cards
2.5.1 Causes of Economic Growth
What is the difference between ac...,
What causes actual growth but not...,
What causes potential growth
3
cards
2.5.2 Output gaps
What is the difference between th...,
What is an output gap,
What is a negative output gap
4
cards
2.5.3 Trade (business) Cycle
What would you expect growth rate...,
What would you expect unemploymen...,
What would you expect levels of s...
17
cards
2.5.4 Impact of economic growth
Give 2 benefits of growth to cons...,
Give 4 costs of growth to consumers,
Give 4 benefits of growth to firms
8
cards
2.6.1 Possible macroeconomic objectives
What are the 7 macroeconomic poli...,
Which of these are the 4 main obj...,
What is the long run trend rate o...
8
cards
2.6.2 Demand side policies
What is meant be monetary policy,
What is meant by the base rate,
Which economic agent is responsib...
14
cards
2.6.3 Supply side policies
What is a supply side policy,
What is the difference between in...,
Give 5 examples of market based s...
8
cards
2.6.4 Conflicts between trade offs and policies
How might the objective of growth...,
How might the objective of growth...,
How might the objective of growth...
5
cards
More about
AS Macro Economics
- Class purpose General learning
Learn faster with Brainscape on your web, iPhone, or Android device. Study Anisah Patankar's AS Macro Economics flashcards for their Lampton School class now!
How studying works.
Brainscape's adaptive web mobile flashcards system will drill you on your weaknesses, using a pattern guaranteed to help you learn more in less time.
Add your own flashcards.
Either request "Edit" access from the author, or make a copy of the class to edit as your own. And you can always create a totally new class of your own too!
What's Brainscape anyway?
Brainscape is a digital flashcards platform where you can find, create, share, and study any subject on the planet.
We use an adaptive study algorithm that is proven to help you learn faster and remember longer....
Looking for something else?
AS macro economics
- 7 decks
- 19 flashcards
- 1 learners
Decks:
Macro Performance Indicators, The Circular Flow Of Income, Aggregate Demand And Aggregate Supply Ad, And more!
Economics REVISION 2 (Macro)
- 37 decks
- 644 flashcards
- 35 learners
Decks:
Introducing Macroeconomics, Circular Flow Of Income, Measuring National Income, And more!
Economics AS (Microeconomics)
- 9 decks
- 314 flashcards
- 187 learners
Decks:
Microeconomics Key Terms And Definitions, Economic Problem Fop Specialisation Oppo, Demand And Consumer Surlplus, And more!
AS Economics
- 48 decks
- 744 flashcards
- 11 learners
Decks:
Micro Ls1 The Economics Problem, Macro Ls1 Intro To Macroeconomics, Micro Ls2 Economics As A Social Science, And more!
