Economics A-Level Theme 2: The UK Economy - Performance & Policies (Edexcel)

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Decks in this class (25)

Quantitative Methods
What are the characteristics of i...,
What is the formulae for index nu...,
At a cinema the price of a ticket...
3  cards
2.1.1: Economic Growth
What is gdp,
What is short run economic growth,
What is long run economic growth
25  cards
2.1.2: Inflation
What is inflation,
What is deflation,
What is disinflation
26  cards
2.1.3: Empoyment & Unemployment
What is unemployment,
What are the two measures of unem...,
What is the claimant count
31  cards
2.1.4: Balance Of Payments
What is balance of payments bop,
What is counted as a positive ent...,
What is counted as a negative ent...
21  cards
2.2.1: The Characteristics Of Aggregate Demand (AD)
What is aggregate,
What is aggregate demand,
What are the components of aggreg...
16  cards
2.2.2: Consumption (C)
What is disposable income,
Disposable income is the most ___...,
What is the marginal propensity t...
17  cards
2.2.3: Investment (I)
What is investment,
What is capital stock,
What is gross investment
15  cards
2.2.4: Government Expenditure (G)
What is government expenditure,
What do the levels of government ...,
What factors influence government...
14  cards
2.2.5: Net Trade (X-M)
How does real income influence ne...,
How does exchange rates influence...,
How does the state of the world s...
8  cards
2.3.1: The Characteristics Of Aggregate Supply (AS)
What is aggregate supply,
Aggregate supply graph axis ad cu...,
What causes a movement along the ...
9  cards
2.3.2: Short-Run AS
The main cause of a ________ in s...,
The main cause of a ________ in s...,
How does changes in costs of raw ...
5  cards
2.3.3: Long-Run AS
What are the different shapes of as,
Classical as graph,
Keynesian as graph
15  cards
2.4.1: National Income
How do households contribute to t...,
How do firms contribute to the ci...
11  cards
2.4.2: Injections & Withdrawals
What are injections,
What are withdrawals,
What are the three injections
8  cards
2.4.3: Equilibrium Levels Of National Output
What is equilibrium,
What is macroeconomic equilibrium,
Macroeconomic equilibrium occurs ...
17  cards
2.4.4: The Multiplier
What is the multiplier process,
How does injections cause higher ...,
What
21  cards
2.5.1: Causes Of Growth
What are the factors of causes of...,
What makes land a factor of econo...,
What makes labour a factor of eco...
11  cards
2.5.2: Output Gaps
What is long term trends,
What is actual growth,
What is an output gap
10  cards
2.5.3: Business (Trade) Cycle
What is the trade business cycle,
What is a boom
13  cards
2.5.4: The Impact Of Economic Growth
What are positive impacts of econ...,
What are positive impacts of econ...,
What are positive impacts of econ...
8  cards
2.6.1: Possible Macroeconomic Objectives
What are the main macroeconomic o...,
What are
2  cards
2.6.2: Demand-Side Policies
What is monetary policy,
What is fiscal policy,
What ate the monetary policy inst...
36  cards
2.6.3: Supply-Side Policies
What are market based policies,
What are interventionist policies,
What are the 5 desired effects of...
12  cards
2.6.4: Conflicts & Trade-Offs Between Objectives & Policies
Economic growth vs inflation,
Inflation vs balance of payments ...,
Inequality vs economic growth
9  cards

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Economics A-Level Theme 2: The UK Economy - Performance & Policies (Edexcel)

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