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MACROECONOMICS YEAR 2

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

By: Amelie Hutchinson
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Decks in this class (15)

economic growth
Define economic growth and how is...,
Name and explain the stages of an...,
Causes of economic growth 3
5  cards
Unemployment
What 3 factors control unemployme...,
Conflicts between macro policies 2,
Supply side policies to reduce un...
12  cards
inflation
How to calculate inflation 1,
What is the inflation target and ...,
Who sets monetary policy 3
22  cards
balance of payments
What does the balance of payments...,
Why might a current account defec...,
What are the consequences of a cu...
5  cards
aggregate supply
What does the as curve show 1,
What does the classical lras curv...,
What is say s law 3
12  cards
phillips curve
What does the short run phillips ...,
What happens when unemployment is...,
What happens when unemployment in...
7  cards
fiscal policy
What is fiscal policy 1,
What are the four primary economi...,
What is a budget deficit how can ...
8  cards
monetary policy
What does monetary policy involve 1,
What is quantitative easing 2,
What does quantitative easing aim...
8  cards
Supply side policies
What do supply side policies aim ...,
What are 10 supply side policies 2,
How does reducing taxes and regul...
15  cards
international trade
What is international trade 1,
Advantages of international trade 2,
Disadvantages of international tr...
11  cards
globalisation
What is globalisation 1,
How is globalisation caused 2,
Benefits of globalisation 3
5  cards
economic problems
Economic problems facing more dev...,
Economic problems facing less dev...,
Economic problems facing emerging...
4  cards
the European Union
What is the eu and what does it a...,
Benefits of an eu membership 2,
Drawbacks of eu membership 3
5  cards
the monetary union, central bank and OCA
What is the monetary union 1,
Benefits of the monetary union 2,
Drawbacks of the monetary union 3
6  cards
economic growth and development
Define economic growth 1,
Define economic development 2,
What is the difference between gd...
13  cards

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MACROECONOMICS YEAR 2

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