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economics macro
> standards of living > Flashcards
standards of living Flashcards
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economics macro
(30 decks)
Economic growth/cycle
Recessions
inflation
Deflation
fiscal policy
fiscal policy - government borrowing
Monetary Policy
Unemployment
Balance Of Payments
International Trade
Globalisation
Exchange rates
Euro / Monetary Union
Measures to Increase Competitiveness / Supply side policies
Taxation
supply side policies
Comparative advantage (terms of trade)
European union
transmission mechanism (monetary policy)
trade protectionism (look at quotas)
Laffer curve
types of unemployment
single market
standards of living
benefits of consumption
diamond model
tax brackets
fiscal policy multiples
external shocks
How a big country effects the UK (Would a Chinese slowdown cause a recession)
