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A level Macro-economics

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

By: Joseph Schumacher
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Decks in this class (13)

Macro objectives and indicators
Gdp,
Nominal gdp,
Real gdp
26  cards
AD and AS diagrams
Aggregate demand formulae,
Why is the ad curve downward sloping,
National income
10  cards
Multiplier and accelerator
Multiplier effect,
Multiplier effect formula,
Marginal propensity to consumer mpc
6  cards
Macro economic growth
What is short run economic growth,
Factors affecting short run econo...,
What is long run economic growth
11  cards
Keynes vs Classical economics
Keynes views elastic lras,
Hayeks views elastic lras
2  cards
Unemployment
Two methods of measuring unemploy...,
Full employment,
Voluntary employment
12  cards
Inflation
Types of inflation,
Types of deflation,
Costs of inflation
4  cards
Balance of Payments
Current account measures,
Factors affecting current account...,
What is the difference between a ...
15  cards
Government budget
Reasons for a budget deficit rid,
Cyclical fiscal balance,
Who produces and allocates what r...
9  cards
Globalisation and trade
Free trade,
Absolute advantage,
Comparative advantage
21  cards
Exchange rates
Freely floating exchange rate,
Advantages of a,
Disadvantages of a freely floatin...
13  cards
Economic Growth & Development
Human development index,
Social progress index spi,
The multi dimensional poverty ind...
9  cards
Financial Markets
4 functions of money,
Characteristics of money,
D
27  cards

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A level Macro-economics

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A Level Economics
  • 50 decks
  • 1987 flashcards
  • 1054 learners
Decks: Section 1 The Economic Problem, Section 2 Competitive Markets, Section 3 Business Economics, And more!
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