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Izzy C-B
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Decks in this class (23)
1.1 The Objectives Of Goverment Economic Policy
What are the eight macroeconomic ...,
Macroeconomics definition,
Macroeconomic objective definition
23
cards
6.5 Economic Growth And Development
What does economic growth refer to,
What is development,
Characteristics of less developed...
17
cards
6.4 Exchange Rate Systems
Exchange rate definition,
What does a higher exchange rate ...,
Floating exchange rate definition
20
cards
6.3 The Balance Of Payments
Balance of payment definition,
What three sections are the balan...,
What is the capital count
34
cards
6.2 Trade
Trade definition,
Benefits of foreign trade,
Absolute advantage definition
43
cards
6.1 Globalisation
Globalisation definition,
What are the causes of globalisation,
What are the main characteristics...
11
cards
5.2 Supply-Side Policies
Supply side policies definition,
Supply side improvements definition,
What is the link between supply s...
24
cards
5.1 Fiscal Policy
Fiscal policy definition,
What is expansionary fiscal policy,
What is contractionary fiscal policy
52
cards
3.4 Possible Conflicts Between Macroeconomic Policy Objectives
What are the policy conflicts,
How do output gaps lead to conflicts,
Phillips curve definition
18
cards
1.4 Uses Of National Income Data
What are the main uses of nationa...,
What are the limitations of natio...,
Why is a distribution of income a...
15
cards
4.4 The Regulation Of The Financial System
What are the three financial regu...,
What is different about the fca,
What is macroprudnetial regulation
23
cards
4.3 Central Banks And Monetary Policy
What are the functions of a centr...,
Central bank definition,
How does the central bank create ...
38
cards
4.2 Commercial Banks And Investment Banks
Commercial bank definition,
What are the functions of a comme...,
What does act as a financial inte...
21
cards
4.1 The Structure Of Financial Markets And Financial Assets
What are the functions of money,
What does a medium of exchange mean,
What does store of value mean
42
cards
1.2/1.3 Macroeconomic Indicators And Index Numbers
How do we measure economic growth,
Gross domestic product definition,
National income definition
29
cards
2.1 The Circular Flow Of Income
National income definition,
What are the three ways national ...,
What is expenditure method
21
cards
2.3/2.4 Aggregate Demand And The Level Of Economic Activity
Aggregate demand definition,
Aggregate demand equation,
Why is aggregate demand and aggre...
36
cards
2.5/2.6 Aggregate Supply And Determinants Of Aggregate Supply
Aggregate supply definition,
Short run aggregate supply defini...,
Long run aggregate supply definition
13
cards
2.2 Economic Shocks
Economic shock definition,
What are the two types of economi...,
Demand side shocks definition
9
cards
3.1 Economic Growth
Short run economic growth definition,
Long run economic growth definition,
What would short run growth look ...
18
cards
3.1 The Economic Cycle
Economic cycle definition,
Boom definition,
Downturn definition
20
cards
3.2 Employment And Unemployment
Full employment definition,
What are the problems with the cl...,
Effects on firms due to unemployment
25
cards
3.3 Inflation And Deflation
Inflation definition,
Deflation definition,
Disinflation definition
35
cards
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a level exonomics - macro
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