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yuzu l
- decks
- flashcards
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Decks in this class (16)
lesson 1 - intro to macroecon
Economics,
Scarcity,
Economic resources factors of pro...
10
cards
lesson 2 - opp cost and ppc
Ppc production possibility curve,
Efficiency,
Inefficient use of resources
8
cards
lesson 3 - comp advantage
Absolute advantage,
Comparitive advantage,
Specialization
7
cards
lesson 4 - demand
Demand,
Demand schedule,
Demand curve
11
cards
lesson 5 - supply
Supply,
Law of supply,
Quantity supplied
5
cards
lesson 6 - equillibrium
Market,
Shortage,
Surplus
7
cards
lesson 7 - gdp
Gdp,
Expenditure approach,
Income approach
13
cards
lesson 8 - limitations of gdp
Qol quality of life,
Non market transactions,
Income inequality
10
cards
lesson 9 - unemployment
Unemployment,
Unemployed,
Unemployment rate
13
cards
lesson 10 - price indices
Inflation,
Inflation rate,
Deflation
13
cards
lesson 11 - cost of inflation
Unanticipated inflation,
Unanticipated disinflation,
Unanticipated deflation
8
cards
lesson 12 - real vs nominal
Nominal gdp,
Real gdp,
Gdp deflator
6
cards
lesson 13 - business cycles
Business cycle model,
Aggregate demand,
Aggregate supply
13
cards
lesson 14 - aggregate demand
Price level,
Aggregate demand,
Change in aggregate demand
10
cards
lesson 15 - multipliers
Multiplier effect,
Change in autonomous spending,
Mpc
6
cards
lesson 16 - short run aggregate
Short run aggregate supply,
Short run,
Sticky prices wages
6
cards
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macroeconomics
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