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

Decks in this class (16)

Chapter 1 - Limits, Alternatives, and Choices
Economic perspective,
Economics,
Opportunity costs
43  cards
Chapter 2 - The Market System And Circular Flow
Command system,
Economic system,
Market system
30  cards
Chapter 3 – Demand, Supply, And Market Equilibrium
Law of demand,
Demand,
Quantity demanded
33  cards
Chapter 4 - Introduction To Macroeconomics
Recession,
Business cycle,
Real gdp
22  cards
Chapter 5 – Measuring The Economy's Output
Gdp,
National income accounting,
Intermediate goods
40  cards
Chapter 6 – Economic Growth
Real gdp per capita,
Economic growth,
Rule of 70
25  cards
Chapter 7 – Business Cycles, Unemployment, And Inflation
Business cycle,
Economic theory,
Peak
39  cards
Chapter 8 – Basic Macro Economic Relationships
45 line,
Personal saving,
Consumption schedule
18  cards
Chapter 9 – The Aggregate Expenditures Model
Aggregate expenditures,
Closed economy,
Planned investment
21  cards
Chapter 10 – Aggregate Demand And Aggregate Supply
Aggregate demand,
Aggregate demand aggregate supply...,
Real balances effect
19  cards
Chapter 11 – Fiscal Policy, Deficits, Surpluses, And Debt
Fiscal policy,
Keynesian economics,
Expansionary fiscal policy
24  cards
Chapter 12 – Money, Banking, And Money Creation
Medium of exchange,
Money,
Barter
42  cards
Chapter 13 – Interest Rates And Monetary Policy
Transaction demand for money,
Interest,
Asset demand for money
18  cards
Chapter 14 – Financial Economics
Financial investment,
Economic investment,
Present value
27  cards
Chapter 16 – International Trade
Labor intensive goods,
Free trade,
Land intensive goods
33  cards
Chapter 17 – Exchange Rates And The Balance Of Payments
Balance of payments,
Foreign exchange markets,
In payments
31  cards

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Macro-economics

  • Class purpose General learning

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