Principles of macroeconomics

This class was created by Brainscape user Max Eustance Brougham. Visit their profile to learn more about the creator.

Decks in this class (14)

Evolution, characteristics and functions of money
What constitutes money,
What was the main aim of money,
What are the functions of money
10  cards
Models of the banking system
What do banks do,
What is the reserve ratio,
What are a banks liabilities
8  cards
Money, interest and GDP
What are money and other financia...,
What are some forms of household ...,
What are the two aspects of liqui...
11  cards
Investment, interest and GDP
In the long run investment,
What factors affect expected prof...,
Why is there an opportunity cost ...
7  cards
IS-LM model and macro policy
What does an increase in autonomo...,
What does an increase in real mon...,
What is the monetary transmission...
4  cards
Central banks
What are the functions of central...,
What are some central bank policy...,
As a monopolist the central bank ...
6  cards
Fiscal and monetary policy L22
What is fiscal policy,
What is stabilization policy,
What is the national debt
8  cards
Inflation
An unanticipated increase in gove...,
What are supply shocks,
Why is inflation undesirable
6  cards
Inflation 2
What is the phillips curve
1  cards
The balance of payments and exchange rates
What is the exchange rate between...,
What makes up the demand for a co...,
What changes shifts in supply and...
4  cards
Balance of payments and exchange rates
What is a countrys current account,
What is a countrys capital account,
What is the current account divid...
7  cards
Economic policy in an open economy
What is open economy macroeconomics,
What are some key open ecomomies,
With perfect capital mobility in ...
6  cards
International trade and commercial policy
What does free trade do,
What is absolute advantage,
What is comparative advantage
5  cards
Financial crises
What are some events of a crises,
How does qe policy affect ad
2  cards

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Principles of macroeconomics

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