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Ini Kazeem
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Decks in this class (40)
2.1 Introductory Lesson - Macro Quiz
Who sets the interest rates in th...,
What is the population of the uk ...,
Where can i find data on inflatio...
9
cards
2.1 Introductory Lesson - Circular Flow 1
What is the circular flow model,
What are the four key parts of th...,
What do households receive income...
9
cards
2.1 Introductory Lesson
What does the circular flow of in...,
Draw the circular flow model,
How do injections into the circul...
19
cards
3.1 Intro to AD AS
What is the main difference betwe...,
How do we label the d s curves in...,
Why does the ad curve slope downw...
20
cards
3.2 Consumption
What is consumption,
What is the opposite of consumption,
What is the marginal propensity t...
12
cards
3.3 - Investment
What is investment,
What is the distinction between a...,
Is the statement all investment i...
38
cards
3.4 Government Spending
What is the positive multiplier e...,
What is the negative multiplier e...,
What is the multiplier effect pro...
35
cards
3.5 - Trade
0
cards
3.6 SRAS
What is short run aggregate suppl...,
What is a short run in macroecono...,
What are sticky prices or wages
12
cards
3.7 LRAS
What is the output gap,
Who is responsible for providing ...,
What data is used to measure the ...
5
cards
3.8 Keynesias AS
What is the keynesian model,
What is the difference between th...,
What does the keynesian model sug...
4
cards
4.1 Growth
What are the two main factors aff...,
What are the demand side factors ...,
What are the supply side factors ...
29
cards
First Test
What are the components for ad,
What is the formula for index num...,
What is the formula for percentag...
3
cards
LRAS and SRAS
What is spite acronym,
What is qqofop,
Which curve does spite refer to
4
cards
4.2.3.2 Employment and unemployment
Definition of unemployment,
Unemployment rate,
Frictional unemployment
25
cards
4.2.3.3 Inflation and Deflation
What is inflation,
What is deflation,
What is disinflation
25
cards
4.2.3.1 Economic growth and the economic cycle
What is gdp,
Economic growth,
Demand side growth
25
cards
Exchange Rate
What does wpidec stand for,
What does spiced stand for,
What does a fall in the exchange ...
3
cards
Specialisation & Trade Overview
What is absolute advantage,
What is comparative advantage,
What does ppf stand for and what ...
21
cards
1.1.1 Trade - Intro and Benefits
What is the definition of trade,
What is the definition of trade,
Name 4 different gains from trade
7
cards
1.1.2
Draw a tariff diagram,
Explain where price quanity consu...,
Drawbacks to the tariff
11
cards
Import Quota Analysis
What is a quota,
Draw an import quota diagram,
Sumamry of welfare effects of an ...
4
cards
Subsidy Analysis
What is a domestic subsidy,
Draw a domestic subsidy diagram,
Summary of welfare effects of a d...
4
cards
Arguments for Protectionism
Infant indusry argument,
Protection of jobs sunset industr...,
Avoiding over specialisation
3
cards
Arguments Against Protectionism
Production inefficiencies,
Lack of competition,
Oss of economic welfare
4
cards
1.2.2 BoP Accounts
Balance of payments imbalances de...,
Current account balance definition,
Current account surplus definition
13
cards
Explain 3 factors that might cause a fall in the value of a currency (15)
0
cards
TESTTTT
0
cards
TESTTT
What is globalization,
What are the benefits of globaliz...,
What are the cons of globalization
26
cards
4.2.1.1_-_The_objectives_of_government_economic_policy
List the four main macroeconomic ...,
What do the four main macroeconom...,
What is macroeconomics
35
cards
4.2.1.2_-_Macroeconomic_indicators
List the data commonly used to me...,
What is real gdp,
What is real gdp per capita
24
cards
4.2.1.3_-_Uses_of_index_numbers
What are index numbers used for,
What is a base year,
How are index numbers used in the...
17
cards
4.2.1.4_-_Uses_of_national_income_data
Why does the value of gdp increas...,
How does economic growth impact l...,
What is real gdp
31
cards
4.2.2.1_-_The_circular_flow_of_income
How are wealth and income correlated,
How can national income be measured,
How do exports relate to the circ...
36
cards
4.2.2.2_-_Aggregate_demand_and_aggregate_supply_analysis
What is aggregate demand ad,
How does price relate to aggregat...,
How can the downwards slope of th...
28
cards
4.2.2.3_-_The_determinants_of_aggregate_demand
What is aggregate demand,
What is the equation for ad,
What is consumer spending
28
cards
4.2.2.4_-_Aggregate_demand_and_the_level_of_economic_activity
What factors cause ad to influenc...,
When does the multiplier effect o...,
What does the multiplier effect o...
21
cards
4.2.2.5_-_Determinants_of_short-run_aggregate_supply
What is a closed economy,
What causes the sras curve to shift,
What does a reduction in the cost...
8
cards
4.2.3.1_-_Economic_growth_and_the_economic_cycle
What is economic growth,
What does short run actual econom...,
How is short run economic growth ...
90
cards
98
What does an increase in growth i...,
What could be the result of highe...,
What is a fiscal dividend and how...
9
cards
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macroeconomics
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