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Economics Paper 2

This class was created by Brainscape user Libbie Dodgson-Hatto. Visit their profile to learn more about the creator.

By: Libbie Dodgson-Hatto
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Decks in this class (15)

Investment
What is depreciation,
Define investment,
How do we calculate depreciation
4  cards
The UK Economy
What is gdp,
Define recession,
What is gnp
4  cards
Aggregate Demand
What is aggregate demand made up of,
If ad increases what happens to e...,
What are consumer durables
12  cards
Human Development Index
What are the key factors of hdi,
What is hdi,
Show the hdi scale
6  cards
Unemployment
What are the effects of unemployment,
How do we measure unemployment,
What is the claimant count
14  cards
Inflation
Define inflation,
What is the government s main tar...,
Define cost push inflation
8  cards
Balance of Payments
What does the balance of payments...,
What does the bop tell us,
What does the current account mea...
19  cards
The UK Housing Market
What are the determinants of dema...,
Give two effects of housing short...,
Define negative equity
4  cards
The Multiplier Effect
What is the multiplier effect,
What does an increase in investme...,
The higher the propensity to cons...
7  cards
Aggregate Supply
Define aggregate supply,
How do we increase output in the ...,
List the causes of a shift in the...
6  cards
Fiscal Policy
What is fiscal policy,
What is a disadvantage of fiscal ...,
What is expansionary fiscal policy
4  cards
The Philip's Curve
What does the philip s curve show,
What does the curve imply
2  cards
Monetary Policy
What is the purpose of monetary p...,
Why do we want to control the amo...,
What are the components of moneta...
6  cards
Extras
What is crowding out,
What is the poverty trap,
What is the unemployment trap
5  cards
Supply Side Policy
0  cards

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Economics Paper 2

  • Class purpose General learning

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