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Economics - Theme 2

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

By: Isobel Powell
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Decks in this class (14)

Definitions
What is meant by an output gap,
What are the two tools of the fis...,
What are the three tools of the m...
32  cards
Aggregate Demand
What are the five components of ad,
What is consumption,
What are the determinants of cons...
23  cards
Emplyment And Unemployment
What are the two measures of unem...,
What is the criteria for the clai...,
Who can sign on for benefits with...
24  cards
Inflation
How do you calculate inflation us...,
What are the limitations of using...,
What is the difference between th...
13  cards
Economic Growth
What are the causes of economic g...,
Distinguish between actual growth...,
When does an output gap occur
17  cards
Macroeconomic Pbjectives And Policies
What are the 7 macroeconomic obje...,
What are the two demand side poli...,
What are the monetary policy inst...
7  cards
Aggregate Supply
What are the two shaped of long r...,
What factors influence long run as,
Hodges technological advances inf...
9  cards
Measures of Economic Performance
What is microeconomics,
What is macroeconomics,
How can the macroeconomic perform...
9  cards
Consumption
How can we classify consumption d...,
What factors determine how much a...,
What is the consumption function
10  cards
Investment
What factors effect investment,
How do interest rates effect inve...,
How does business expectations an...
6  cards
Government Expenditure and Net Trade
What are the reasons for governme...,
What influences the demand for ex...,
How does price influence the dema...
7  cards
National Income
What are three injections into th...,
What are three withdrawals from t...,
When will national income rise
7  cards
Equilibrium levels of real national output
When is an economy in equilibrium,
What are the components of aggreg...,
How would aggregate demand increa...
10  cards
Economic Growth
What does national income measure...,
What is gdp measured at and so wh...,
What are other measures of nation...
13  cards

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Economics - Theme 2

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