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

Decks in this class (15)

2.3.2 short run aggregate supply
What is short run aggregate supply,
On the sras what must producers d...,
What does a shift in as mean what...
5  cards
2.3.3 Long-run aggregate supply
Why is there a limit on how much ...,
What is long run aggregate supply,
What are the 2 different types of...
7  cards
2.4.1 national income
The circular flow of income what ...,
What is the difference between we...
2  cards
2.4.2 Injections and withdrawls
What is an injection,
What is a withdrawl what is it ot...,
What are the 3 leakages withdrawls
5  cards
2.4.4 The Multiplier
What is the positive multiplier e...,
Effects of the multiplier on the ...,
What is the formula for the multi...
4  cards
2.5.1Economics growth- causes of growth
Define economic growth,
What fators lead to an increase i...,
What is actual growth
5  cards
2.5.2 Output gaps
Actual growth rates and long term...,
Output gaps what is an output gap...
2  cards
2.5.3 Trade (Business) Cycle
What is the trade cycle what is i...,
What are the 5 characteristics of...,
What are the 5 characteristics of...
3  cards
2.5.4 The impact of economic growth
What are the 2 benefits of econom...,
What are the 3 benefits that econ...,
What are the 2 benefits of econom...
4  cards
2.6.1 possible macroeconomic objectives
What are the 7 possible macroecon...,
Economic growth what is the long ...,
Low unemployment what does the go...
6  cards
2.6.2 Demand side policies
0  cards
4.1.1 Globalisation
Defin globalisation,
What are 4 factors that contribut...,
What are the 2 different types of...
6  cards
4.1.2 specialisation and trade
What is the theory of comparative...,
What is absolute advantage,
What is comparative advantage
6  cards
4.1.5 Trading blocs and the WTO
What is a regional trading bloc g...,
What are the 5 different types of...,
What is a free trade area
3  cards
4.3.1 measure of development
What is the hdiwhat 3 factors is ...
1  cards

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Econ (macro)

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