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Macroecon y1

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

By: Niamh Steadman
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Decks in this class (15)

Economic Growth [2.1.1]
What is gdp 1,
What is market value 2,
What are final goods 3
33  cards
Inflation [2.1.2]
What is deflation 1,
What is inflation 2,
What is disinflation 3
31  cards
Unemployment [2.1.3]
What is unemployment 1,
What does inactive mean 2,
What is the labour force 3
25  cards
Balance of payments [2.1.4]
What is trade 1,
What does the uk trade 2,
Why does countries trade 3
22  cards
The characteristics of AD [2.2.1]
What is the formula for ad 1,
What components of ad have the bi...,
What is aggregate demand 3
10  cards
Consumption (C) [2.2.2]
What is consumption 1,
What are personal consumer expend...,
Why is consumer spending so impor...
21  cards
Investment [2.2.3]
What is investment 1,
What are some examples of investm...,
How can investment be represented 3
16  cards
Government Expenditure [2.2.4]
What are the top 5 areas of gover...,
What are the top 5 areas of gover...,
What are the key roles of fiscal ...
17  cards
Net trade [2.2.5]
What does the uk import export 1,
Why does the uk trade with other ...,
What impact does trade have on th...
11  cards
The characteristics of Aggregate supply [2.3.1]
What is the as curve and what doe...,
How can business increase their s...,
What are movements and shifts alo...
3  cards
Short run Aggregate supply [2.3.2]
What is aggregate supply 1,
What impact will price levels hav...,
What is the difference between sh...
14  cards
The Long run Aggregate supply curve [2.3.3]
What is a demand side shock 1,
What is a supply side shock 2,
What is stagflation 3
14  cards
Income and wealth [2.4.1]
What is wealth 1,
What is income 2,
What impact does inequality have ...
9  cards
Injections and withdrawls and Equilibrium levels of real national output [2.4.2 & 2.4.3]
What happens when demand increase...,
What is the output gap 2,
What is equilibrium in macro 3
17  cards
The Multiplier [2.4.4]
What is the multiplier 1,
How does the circular flow of inc...,
What is the positive multiplier e...
19  cards

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Macroecon y1

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