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

Decks in this class (13)

2.1.1 economic growth
Economic growth 1,
Real vs nominal 2,
Total vs per capita 3
9  cards
2.1.2Inflation
Definition of inflation 1,
Ways of measuring inflation 2,
Evaluation limitations of cpi 3
11  cards
Macroeconomic objectives
Sustained increase in real econom...,
Low unemployment 2,
Low and stable inflation 3
7  cards
supply side policies
Market based vs interventionsit p...,
What are supply side policies 2,
Create incentives reduce income t...
12  cards
monetary policy
What is monetary policy 1,
Interest rates 2,
Expansionary monetary policy 3
9  cards
Fiscal policy
Fiscal policy 1,
Government budget 2,
Expansionary fiscal policy 3
7  cards
supply side policies
Aggregate supply 1,
Importance of supply side policies 2,
Determinants of long term trend r...
5  cards
Demand side policies
Monetary vs fiscal policy 1,
How monetary policy uses interest...,
Asset purchases to influence mone...
11  cards
2.1.3 employment and unemployment
Measures of unemployment 1,
Underemployment 2,
Significance in changing rates of...
12  cards
2.2 AD
Components of ad 1,
Relative importance of components 2,
Disposable income 3
21  cards
2.3 AS
Aggregate supply 1,
Short run vs long run 2,
Factors influencing sras changes ...
13  cards
2.4 national income
The circular flow of income 1,
Flows in the circular flow of inc...,
Withdrawals and injections 3
14  cards
2.5
Factors causing economic growth l...,
Factors causing economic growth l...,
Factors causing economic growth c...
17  cards

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macro theme 2

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