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Economics: Unit 4

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

By: Bergina Obertinca
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Decks in this class (16)

Topic 1: Globalisation
Evidence that globalisation is oc...,
Globalisation,
Causes of globalisation
5  cards
Topic 2- Foreign Trade
Reasons why international trade t...,
Absolute advantagecomparative adv...,
Patterns of trade
16  cards
Topic 3- Protectionism
Protectionism,
Methods of protectionism short,
Methods of protectionism with exp...
9  cards
Topic 4- Balance of payments
The balance of payments,
The current account 4 sections,
The current account 4 sections 1 ...
19  cards
Topic 5-Exchange rates
Exchange rate,
Factors influencing exchange rate...,
Factors influencing exchange rate...
11  cards
Topic 6-Monetary Union
Monetary union,
Benefits of monetary unions 6 ben...,
Benefits of monetary unions expla...
4  cards
Topic 7- Competitiveness
Measures of international competi...,
Measures of international competi...,
Factors influencing international...
6  cards
Topic 8- Inequality
Absolute povertyproblems with def...,
Relative povertyissues with the c...,
Other factors used to assess poverty
13  cards
Topic 9-Limits to economic growth and development
Limits to growth and development ...,
Limits to growth and development ...,
Limits to growth and development ...
6  cards
Topic 10- Fiscal Policy
Macroeconomic objectives,
Macroeconomic objectives 1 econom...,
Macroeconomic objectives 3a low a...
13  cards
Topic 10- Public expenditure
Public expenditure,
Three elements of public expenditure,
The size of the public expenditur...
7  cards
Topic 10 -Taxation
Direct taxexamples of direct tax,
Indirect taxexamples of indirect tax,
Categories of taxation
11  cards
Topic 10 - Public borrowing and public sector debt
Public sector net borrowing,
Structural budget deficit,
Affects of structural budget deficit
4  cards
Topic 11- Monetary policy
Monetary policy,
Control of inflation,
Criticisms of inflation targetting
6  cards
Topic 12- Supply side policies
Supply side policies,
Labour market policies,
Product market policies
6  cards
Topic 13- Ways of promoting growth and development
State interventionist approach,
State interventionist approach 1 ...,
Problems with interventionist pol...
10  cards

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Economics: Unit 4

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