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Macroeconomics (Introduction to economics)

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

By: Ini Kazeem
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Decks in this class (14)

Production = Income
What is the principle behind the ...,
What does gdp from the production...,
What does gdp from the income sid...
6  cards
Circular Flow of Income Model
What are the two main markets in ...,
What economic participants are de...,
What is aggregate demand
10  cards
L1 - Measuring the Macroeconomy + The Goods Market
What are the three ways of measur...,
Formula for gdp macroeconomics ac...,
Formula for gdp deflator
6  cards
Lecture 1 - 3-2 The Demand for Goods
What is the total demand for good...,
What assumptions are made to simp...,
How is consumption c related to d...
5  cards
Lectue 2 - 3-3
What is the equilibrium condition...,
What types of equations are used ...,
How is equilibrium output determi...
5  cards
Week 1 - Part 2
Draw diagram initially,
Draw diagram after increase consu...,
What is the equilibrium condition...
40  cards
L1 - The Investment Saving Relation
What is the keynesian is relation...,
How is private saving defined and...,
What is public saving and when is...
9  cards
L2 - The Money Market (Financial Markets)
What are the major functions of m...,
What are the money aggregates in ...,
What is the double coincidence of...
24  cards
L3 - Putting the Goods and Money Market Together
What are the 2 factors that affec...,
What is the investment relation r...,
What are different forms of c
10  cards
L3 - Part 2
What does the is in the is lm mod...,
How is the demand curve related t...,
What happens to the equilibrium o...
51  cards
Week 4 - 6-1 A Tour of the Labour Market
What sequence of events is trigge...,
Why is the constant price level a...,
What is the focus of the chapter ...
22  cards
6-3
What are the primary ways in whic...,
How does the process of wage sett...,
What are two key facts about wage...
19  cards
6-4
What determines the prices set by...,
Describe the simplified productio...,
Why is labor productivity a assum...
6  cards
Jesse Example FC
What assumptions are made about c...,
What is utility,
What is the concept of opportunit...
16  cards

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Macroeconomics (Introduction to economics)

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