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

Decks in this class (15)

chapter 1
0  cards
Chapter 3 Market Failure
The levels of competitiveness wit...,
What are the 4 basic market struc...,
Define perfect competition
53  cards
Chapter 4
Define micro economics,
Define economic activity,
Explain the purpose of eco growth
11  cards
Chapter 4
Define micro economics,
Define economic activity,
Explain the purpose of eco growth
91  cards
Stats
Inflation rate,
Business confidence,
Exchange rate
9  cards
Chapter 5
Does the gov t have a target rate...,
Sustainability is underpinned by ...,
Where is a sustainable rate consi...
74  cards
Chapter 6 - Employment
Define employed,
Define unemployed,
Explain full employment ideally
36  cards
Chapter 7
Define inflation,
Explain why inflation occurs,
What is the governments goal of i...
45  cards
Chapter 8 - External
Define balance of payments,
Explain the set up of the bop,
Define the current account
61  cards
Chapter 9 - Equity
Why does gov t wanted equity,
Equity is determined by,
Define equity in distribution of ...
51  cards
Chapter 10
Define budgetary,
What is the objectives of the bud...,
Define the fiscal strategy
48  cards
Ch 12 Monetary
Define monetary policy,
Explain the rbas goal,
Explain the monetary policy objec...
43  cards
Chapter 14
Define aggregate supply,
Define aggregate supply policies,
Aim of as policies
37  cards
Chalter 15
How can as or productive capacity...,
Main sources of got tax revenue,
Budgetary policy conduced via as ...
38  cards
Chapter 2
Define micro economics,
Define a market,
Define a competitive market
29  cards

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economics 3/4

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