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Macro/Microeconomics

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

By: Sabrina Estades
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Decks in this class (18)

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

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Macro/Microeconomics

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