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

Decks in this class (18)

Ch 1 - Economics: The Core Issues
Capital 0,
Scarcity 1,
Factors of production 2
23  cards
Ch 2 - The US Economy: A Global View
Gross domestic product gdp 1,
Per capita gdp 2,
Economic growth 3
14  cards
Ch 3 - Supply and Demand
Factor market 1,
Product market 2,
Opportunity cost 3
32  cards
Formulas
Slope 1,
Compounding economic growth 1,
Compound interest 2
53  cards
Ch 4 - The Role of Government
Optimal mix of output 1,
Market mechanism 2,
Market failure 3
29  cards
Ch 5 - National-Income Accounting
Gross domestic product gdp 0,
National income accounting 1,
Gdp per capita 2
24  cards
Ch 6 - Unemployment
Labor force 1,
Labor force participation rate 2,
Production possibilities 3
16  cards
Ch 7 - Inflation
Deflation 1,
Relative price 2,
Inflation 3
20  cards
Ch 8 - The Business Cycle
Macroeconomics 1,
Business cycle 2,
Laissez faire 3
23  cards
Ch 9 - Aggregate Demand
Aggregate demand 1,
Aggregate supply 2,
Equilibrium macro 3
20  cards
Ch 10 - Self-Adjustment or Instability?
Aggregate demand ad 1,
Full employment gdp 2,
Leakage 3
14  cards
Ch 11 - Fiscal Policy
Aggregate demand 1,
Income transfers 2,
Fiscal policy 3
19  cards
Ch 12 - Deficits and Debt
Fiscal policy 1,
Deficit spending 2,
Budget deficit 3
26  cards
Ch 13 - Money and Banks
Barter 1,
Money 2,
Money supply m1 3
11  cards
Ch 14 - The Federal Reserve System
Monetary policy 1,
Money supply m1 2,
M2 money supply 3
13  cards
Ch 15 - Monetary Policy
Monetary policy 1,
Interest rate 2,
Money supply m1 3
18  cards
Ch 17 - Growth and Productivity: Long-Run Possibilities
Economic growth 1,
Production possibilities 2,
Real gdp 3
14  cards
Ch 35 - International Finance
Exchange rate 1,
Equilibrium price 2,
Balance of payments 3
16  cards

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Macro/Microeconomics

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