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

Decks in this class (20)

Macroeconomics
Accelerator effect,
Aggregate demand,
Aggregate supply
139  cards
Micro Application 2018
Basic economic problem,
Increased demand,
Decreased demand
50  cards
Macro Application 2018
Low interest rates,
High interest rate,
High consumer confidence
63  cards
UK Economy Stats 2018
Uk growth,
Uk unemployment,
Inflation
9  cards
IS-LM Model
Define is lm,
Consumption disposable income fun...,
Is curve assumption
41  cards
Money Supply + Demand
Define money,
Define fiat money,
Name the 3 functions of money
33  cards
Fiscal Policy + Foreign Trade
Define fiscal policy,
Define stabilisation policy,
Define budget deficit
33  cards
Macro- Output + Aggregate Demand
Define macroeconomics,
What are the 2 main key issues in...,
What is economic growth
40  cards
Consumer Theory II
What does the utility function u ...,
Denote the price of x the price of y,
What is the budget constraint equ...
28  cards
Consumer Theory I
What do consumer preferences tell us,
What is the main assumption we ma...,
What is the problem for the consu...
48  cards
Higher Education
Define education,
When did he reforms start in uk,
What were the he reforms since 2012
26  cards
Income Inequality
Oxfam 2015 how much of global wea...,
Oecd 2014 how rich were the riche...,
Name a popular measure for income...
20  cards
Labour Market
What are the 2 free market decisi...,
Define commodities,
In the product market what 2 thin...
48  cards
Econ Growth + Development
How does growth in developed coun...,
What happens if ad grows without as,
What happens if as grows without ad
22  cards
Gov. Policies to control Indiv. Behaviour
What gov intervention in tobacco ...,
What assumptions are made for the...,
What are the 2 main economic reas...
14  cards
Corruption
Define corruption,
What are the 2 types of corruption,
What is petty corruption
29  cards
Competition Policies
Define competition,
What is the main driver and the o...,
What 3 things does competition pr...
22  cards
Housing Bubble
What are the 2 main contributing ...,
How do physical barriers to expan...,
How do median incomes affect hous...
18  cards
Gig Economy
What type of services come under ...,
Define gig economy,
What are the differences between ...
10  cards
Recession 2007-09
What was the primary cause for th...,
How did the housing crisis cause ...,
What 2 housing booms did rising h...
50  cards

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Economics

  • Class purpose General learning

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