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

Decks in this class (24)

Circular Flow
Withdrawals in circular flow,
Injections into circular flow,
Less withdrawals mean
3  cards
Macroeconomic Objectives
Economic growth
1  cards
Aggregate Demand
Aggregate demand definition,
Aggregate demand formula
2  cards
Factors Affecting Consumption
Gross income,
Disposable income,
Discretionary income
17  cards
More
Accelerator theory,
Economic shocks,
Example of economic shock
4  cards
Gov Spending
Transfer payments,
Recurring spending,
Investment projects
4  cards
Imports And Exports
Exports,
Imports,
Exchange rates
8  cards
Multiplier Effect
Multiplier effect,
Multiplier formula,
Multiplier with reference to circ...
3  cards
Output Gal
Graph
1  cards
Aggregate Supply
Short run aggregate supply,
Long run aggregate supply,
Only way to increase output in sh...
15  cards
Economic Growth
Economic,
How economic growth measursed
2  cards
Inflation
Inflation,
Consumer price index,
Retail price index
5  cards
Balance Of Payments
Balance of payments,
Current account,
Capital account
7  cards
Unemployment
Frictional,
Structural,
Cyclical
7  cards
Fiscal Policy
What s fiscal policy knows as,
Two forms of fiscal policy,
Progressive tax
15  cards
Monetary Policy
4 tools of monetary policy,
Monetary stimulus,
Monetary police transmission mech...
5  cards
Slatt
Difference between gdp and gnp,
Claimant count,
Ilo survey
9  cards
Supply Side Policy
Supply side policy,
Market led policy,
State policy
9  cards
Reducing Inequality
Income,
Wealth,
Benefits of inequality
4  cards
Universal Credit
Type of benefits included in univ...
1  cards
Sustainability
Economic sustainability,
Benefits of green economy
2  cards
Deregulation Of Labour Market
Deregulation of labour market,
Drawbacks of zero hour contract
2  cards
Happiness Indicator
Happiness indicator,
Benefits of happiness indicator,
Human developing index
9  cards
QE
How does qe work,
Evaluation of qe,
Benefits of qe
4  cards

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Theme 2 Economics

  • Class purpose General learning

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