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Economics Theme 2

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

By: Mitchell Downes
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Decks in this class (14)

Consumption
Marginal propensity to consume mp...,
Determinants of consumption,
Durable goods
4  cards
Investment
Investmentgross investmentnet inv...,
Accelerator theory
2  cards
Aggregate Supply
Short run as curve,
Long run as curve
2  cards
National Income
The circular flow of income
1  cards
The Multiplier Effect
Calculating the multiplier,
Multiplier effect,
Accelerator effect
3  cards
Inflation
Inflation,
Deflation,
Disinflation
9  cards
Employment and Unemployment
Active population,
Activity rate,
Frictional unemployment
10  cards
Balance of Payments
The balance of payments account,
Balance of payments can be split ...,
The current account components
4  cards
Possible Macroeconomic Objectives
4 main macroeconomic objectives
1  cards
Demand-side Policies
Monetary policy,
Fiscal policy,
Quantitative easing
9  cards
Supply Side Policies
Supply side policies,
Name some supply side policies
2  cards
Conflicts and Trade-Offs
Macroeconomic conflict,
Example of conflicts between macr...,
Phillips curve
3  cards
Economic Growth
Purchasing power parities
1  cards
Causes of Economic Growth and the Trade Cycle
The business cycle
1  cards

More about
Economics Theme 2

  • Class purpose General learning

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