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

Decks in this class (22)

2.1.1
Economic growth definition,
Gross domestic product,
What are the benefits of economic...
14  cards
2.1.2(inflation)
Inflation,
Deflation,
Disinflation
11  cards
2.1.3
The claimant count,
Claimant count evaluation,
The international labour organisa...
11  cards
2.1.4
Balance of payments,
Exports,
Imports
8  cards
2.2.1 Characterisitics Of AD
Aggregate demand,
Consumer spending,
Investment
7  cards
2.2.2Consumption
Consumer spending,
Disposable income,
Consumers marginal propensity to ...
5  cards
2.2.3
Gross investment,
Depreciation,
Net investment
4  cards
2.2.4 Government Expenditure
Trade cycle,
Fiscal policy,
Discretionary fiscal policy
6  cards
2.2.5
Net trade x m,
Main influences on the net trade ...
2  cards
2.3.1
Aggregate supply,
Sras,
Lras
3  cards
2.3.2
Factors influencing sras
1  cards
2.3.3
Keynesian lras,
Classical lras,
Factors affecting lras
3  cards
2.4.1 National Income
Withdrawal of income,
Injection,
Economy equilibrium
5  cards
2.4.2
Injection,
Withdrawal,
Net injections
4  cards
2.4.3
Equilibrium real national output
1  cards
2.4.4
The multiplier ratio,
The multiplier process,
Effects of marginal propensities ...
6  cards
2.5.1
Factors which cause economic growth,
Actual growth,
Potential growth
4  cards
2.5.2
Actual growth,
Long term trend in growth rates,
Output gap
6  cards
2.5.3
Characteristics of a boom,
Characteristics of recession
2  cards
2.5.4
The benefits of economic growth o...,
Costs of economic growth on consu...,
Costs of economic growth on firms
8  cards
2.6.1
Long run trend of economic growth...,
What unemployment rate are the uk...,
Government inflation target
7  cards
2.6.2
Demand side policies,
Monetary policies,
Fiscal policy
11  cards

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Economics-Theme 2

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