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Prelims - Macroeconomics

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

By: Jakub Trybull
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Decks in this class (19)

1 Introduction to Macroeconomics
Define macroeconomics,
What,
What elements are needed when con...
10  cards
2 Measuring the Macroeconomy
Define gdp,
What are the different approaches...,
Equation for gdpwhat approach doe...
27  cards
3 Classical Theory: Long Run
Define disposable income,
What is the equation for consumption,
Define marginal propensity to con...
30  cards
4 Overview of Long-Run Economic Growth
Define growth rate,
Equation for growth rate national...,
Equation for income involving gro...
11  cards
5 A Model of Production
What d,
Standard production function,
Define marginal product of capital
18  cards
6 The Solow Growth Model
The two things that output can be...,
What is the capital accumulation ...,
What are the change in capital eq...
14  cards
7 Growth and Ideas
What do we class as objects,
What do we class as ideas,
Chain of thinking from ideas to p...
30  cards
8 The Labour Market, Wages, and Unemployment
Define unemployment rate,
Equation for unemployment rate,
Two key pr
25  cards
10 Introduction Into the Short Run
What do the short run and long ru...,
What is one important assumption ...,
Equation for short run output gap
14  cards
11 The IS Curve
What is the basic relationship be...,
Plot the is curvewhat are the axes,
What equations do we use for each...
30  cards
9 Inflation
Define inflation,
Define hyperinflation,
Define monetary base
25  cards
12 Monetary Policy and the Phillips Curve
What is the main tool of monetary...,
Define federal funds rate,
What is the structure of the shor...
33  cards
13 Stabilisation Policy and the AS/AD Framework
What are the three basic equation...,
What is the essential trade off o...,
What is the monetary policy rule ...
29  cards
10 The Monetary System
Define money,
What are the functions of money,
What do we mean by store of value
15  cards
14 Consumption
What proportion of gdp does consu...,
What is the neoclassical consumpt...,
First insight of the neoclassical...
27  cards
15 Investment
What have we concluded about how ...,
What does the arbitrage equation ...,
Mpk equation
22  cards
16 Government Debt and Budget Deficit
4 measurement problems with gover...,
How does inflation cause problems...,
What is capital budgeting
23  cards
17 International Trade
0  cards
18 Exchange Rates
0  cards

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Prelims - Macroeconomics

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