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Ria Pierre
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Decks in this class (14)
4.2.1.1 - Objectives
What are the 7 macro objectives,
What is economic growth,
How is economic growth measured
27
cards
4.2.1.2 - macroeconomic indicators
Define short run growth,
Define long run growth,
Define macroeconomic indicators
34
cards
4.2.1.3 - index numbers
How to calculate index number wit...,
Calculate index number with no ba...,
What is an index number
6
cards
4.2.1.4 - uses of national income data
Define gdp per capita,
Define ppp,
Limitations of using gdp as a mea...
3
cards
4.2.2.1 - Circular Flow Of Income
What is the circular flow of income,
What are households in the model,
What to households do with their ...
10
cards
4.2.2.2 - AS/AD analysis
What do classical economists beli...,
How do classical economists belie...,
What is keynes theory
5
cards
4.2.2.3 & 4.2.2.4 - AD
Formula for aggregate demand,
Define aggregate demand,
Define consumption
5
cards
4.2.2.5 - SRAS
What is aggregate supply,
What is sras,
List the factors can cause a shif...
9
cards
4.2.2.6 - LRAS
What is lras,
What is the classical view of lras,
What does keysian believe about lras
10
cards
4.2.3.2 - Employment
What are the 3 work status,
Define employment,
Define unemployment
31
cards
4.2.3.3 - Inflation
Define inflation,
Define deflation,
What is disinflation
35
cards
4.2.3.4 - Conflicts Between Objectives
What is a positive output gap,
What is a negative output gap,
How are output gaps shown
11
cards
4.2.5.1 - Fiscal Policy And Taxation
Hg,
What are the fiscal policy goals,
What effects the impact of policies
26
cards
4.2.5.1 - Fiscal Balance
What is the level of deficit,
What is the government debt,
How is debt reduced
13
cards
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Macro Economics
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