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

Decks in this class (13)

Measures Of Economic Performance - Definitions
Gross domestic product gdp,
Economic growth,
Nominal gdp
18  cards
Measures Of Economic Performance - Economic Growth
What objectives might a governmen...,
Gdp is the total _______ of goods...,
What 2 ways can statisticians mea...
17  cards
Measures Of Economic Performance - Inflation
Inflation is the rate of ________...,
What are the two main methods use...,
For both cpi and rpi the prices o...
15  cards
Measures Of Economic Performance - Employment And Unemployment
What are the two key measures of ...,
What is the claimant count,
What is the problem with the clai...
16  cards
Balance Of Payments
What is the balance of payments,
The major part of the balance of ...,
What is investment income
8  cards
Aggregate Demand - Definitions
Aggregate demand,
Consumption,
Investment
13  cards
Aggregate Demand - Characteristics
The formula for aggregate demand,
What is consumption,
What is investment
9  cards
Aggregate Demand - Consumption
What is disposable income,
As disposable income rises we wou...,
What is marginal propensity to co...
11  cards
Aggregate Demand - Investment
Define gross investment,
Definel net investment,
_____ investment gross investment...
6  cards
Aggregate Demand - Government Expenditure
Key influences on government expe...,
During an economic downturn unemp...,
Fiscal policy refers to the gover...
3  cards
Aggregate Demand - Net Trade (X - M)
Components of net trade,
As real incomes in the uk rise de...,
An appreciation of the pound ____...
5  cards
Aggregate Supply - Definitions
Aggregate supply,
Short run,
Long run
5  cards
Aggregate Supply - Short Run
Shifts in the short run as curve ...,
Factors influencing short run as,
If the costs of raw materials and...
6  cards

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MacroEco

  • Class purpose General learning

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