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

Decks in this class (14)

intro stuff
What is opportunity cost,
What is neo classical economics,
What are firms and consumers moti...
27  cards
economic methodology
What is a positive statement,
Example of a positive statement,
What is a normative statement
30  cards
demand supply and market equilibrium
What is the law of demand,
Endogenous variables,
Exogenous variables
17  cards
common macro aggregates
What is national output,
How do we add different variables...,
Why is national output equal to n...
27  cards
national income
What is gdp,
Calculate gdp expenditure side,
Calculate gdp income side
19  cards
economy in the short run ( Keynesian cross
Laissez faire,
Gdp expenditure side,
Laissez faire autarky
29  cards
Adjustment of Factor Prices & Fiscal Stabilization Policy
What type of adjustments are chan...,
What lets us know a change is a l...,
How many variables is short run
12  cards
money and banking
What are the three functions of m...,
What is a medium of exchange,
What is a double coincidence of w...
21  cards
long run economic growth
0  cards
keynasian gay shit quiz notes
What is the simple multiplier,
What will happen to peoples desir...,
What is the effect on the ae curv...
15  cards
ad as short run
What is price level,
What is the wealth effect,
What is the net export effect
10  cards
ad as quiz
What would causes a downward para...,
If the as curve is upwards slopin...,
Effect of a decrease in as
9  cards
monetary transmission mechanism
What does it mean to discount the...,
Present value formula,
What is the formula for when you ...
10  cards
Canadian monetary policy
0  cards

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