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Economics A-Level Macro

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

By: Max Brown
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Decks in this class (18)

26) National economic performance
What is macroeconomics,
What are the most widely targeted...,
Does should the government have a...
6  cards
27) The circular flow of income
What is the circular flow of income,
What is a closed economy,
What is an open economy
7  cards
28) National income
What is national income,
What are the key uses of national...,
What is gdp
8  cards
29) Consumption and saving
What is gdp ad,
What factors determine consumption,
What is apc
15  cards
30) Investment
How is investment defined in econ...,
What factors affect the level of ...,
What are animal spirits
4  cards
31) Government expenditure and trade
What is government spending,
What are some examples of governm...,
What factors affect government sp...
5  cards
32) Aggregate demand
What is ad,
Why does ad slope downwards,
What are the key causes of shifts...
3  cards
33) The multiplier
What is the multiplier,
How is the multiplier calculated,
How do you calculate marginal pro...
5  cards
34) Aggregate supply
What is the sras curve,
What is the lras curve,
What potentially causes the lras ...
4  cards
35) Equilibrium levels of real national output
What can cause as to fall
1  cards
36) Causes of economic growth
What causes an outward shift of a...,
What causes the trade cycle,
What affects economic growth in t...
5  cards
37) The impact of economic growth
What are the benefits of economic...,
What are the potential problems o...
2  cards
38) Inflation
What is the definition of inflation,
What is the opposite to inflation,
What is disinflation
15  cards
39) Employment and unemployment
What is the labour force,
Who are economically inactive people,
What is underemployment
18  cards
40) Balance of payments
What is globalisation,
What is the balance of trade,
What is the balance of payments
5  cards
41) Fiscal policy
What is fiscal policy,
What are the 2 kinds of tax,
What is a progressive tax
5  cards
42) Monetary policy
What is monetary policy,
How does the level of interest ra...,
How can a government affect excha...
6  cards
43) Supply-Side policies
What types of s side policies exist,
What are market based s side poli...,
What are interventionist s side p...
8  cards

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Economics A-Level Macro

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A Level Economics
  • 50 decks
  • 1987 flashcards
  • 1045 learners
Decks: Section 1 The Economic Problem, Section 2 Competitive Markets, Section 3 Business Economics, And more!
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