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

Decks in this class (11)

Chapter 4: GDP - Measuring Total Production, Income and Economic Growth
What is microeconomics,
What is macroeconomics,
What is economic growth
55  cards
Chapter 5: Economic Growth, the Financial System and Business Cycles
What is a successful economy,
What is the business cycle,
What is long run economic growth
68  cards
Chapter 6: Long-Run Economic Growth - Sources and Policies
What was gdp like in primitive ci...,
When did significant economic gro...,
What is the industrial revolution
53  cards
Chapter 7: Unemployment
Why does the abs conduct the labo...,
When are people considered employed,
What happens if respondents in th...
40  cards
Chapter 8: Inflation
What is the price level,
What is the inflation rate,
Why is the gdp deflater a broad m...
36  cards
Chapter 9: Aggregate Expenditure and Output in the Short-Run
What is the aggregate expenditure...,
What is a key idea of the aggrega...,
What are the 4 components of aggr...
71  cards
Chapter 10: Aggregate Demand and Aggregate Supply Analysis
What is the aggregate demand and ...,
What is the aggregate demand ad c...,
What is the short run aggregate s...
24  cards
Chapter 11: Money, Banks and the Reserve Bank of Australia
What are the functions of money,
Explain the following functions o...,
Explain the following functions o...
34  cards
Chapter 12: Monetary Policy
What is monetary policy,
What are the goals of monetary po...,
What is inflation targeting
26  cards
Chapter 13: Fiscal Policy
What is fiscal policy discretiona...,
What is fiscal policy usually ref...,
Are all federal government tax an...
56  cards
Chapter 14: Macroeconomic in an Open Economy
What is an open economy,
What is a closed economy,
What is a useful way to understan...
32  cards

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MAE203

  • Class purpose General learning

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