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Paper 2 Economics

This class was created by Brainscape user Po-Ba’s Profile. Visit their profile to learn more about the creator.

By: Po-Ba’s Profile
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Decks in this class (16)

A Brief History of Modern Macroeconomics
Macroeconomic theory
23  cards
Circular Flow Theory
Macroeconomic theory
24  cards
6.1
Definition of economics,
Definition of economics,
Government s 4 main objectives po...
31  cards
6.2
Performance indicators,
Monetary policy indicator,
Fiscal policy indicator example
5  cards
6.3
1  cards
7.1
Macroeconomic theory,
National income,
National capital stock
5  cards
7.2
Reflationary policies,
Equilibrium national income ad,
Economic shocks
11  cards
Inflation
Definition of inflation,
Why is inflation always related t...,
Inflation in commodity money vs f...
37  cards
Employment & unemployment
Measures of unemployment,
Distinction between unemployment ...,
Employment unemployment and inact...
94  cards
Fiscal policy
Why was the obr needed,
Spring budget wednesday 6 march 2024,
2024 spring budget national insur...
106  cards
Recent statistics
To be updated regularly
19  cards
Monetary policy
Macroeconomic policy
22  cards
Money and financial institutions
Money is defined by its functions...,
Currency is a highly liquid asset...,
Why are we willing to accept paym...
17  cards
10.1: Globalisation
Definition of globalization,
Causes of,
The causes of globalisation techn...
46  cards
10.4 Exchange rates
Definition of exchange rates,
The gold standard,
Basket of currencies
18  cards
Absolute Advantage
What is the definition of absolut...,
How does absolute advantage diffe...,
What does the concept of absolute...
16  cards

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Paper 2 Economics

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