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Decks in this class (9)
2. Propensities
What is the average propensity to...,
How do you work out average prope...,
What is the average propensity to...
9
cards
3. Economic Flow
What is the order of an economic ...,
What is a boom 2,
What is a recession 3
7
cards
4. The Multiplier and Accelerator
What is the multiplier effect 1,
How do you calculate the size of ...,
What is the accelerator effect 3
4
cards
5. Output Gaps
What is a negative output gap 1,
What is a positive output gap 2,
What are the 3 ways of illustrati...
8
cards
6. Fiscal Policies
What is a fiscal policy 1,
What is government current expend...,
What is government capital expend...
12
cards
7. Fiscal Policies 2
What is a structural deficit 1,
What is a cyclical deficit 2,
How do automatic fiscal stabilise...
15
cards
8. Monetary Policy
What is a monetary policy 1,
What are interest rates related t...,
What is the money supply 3
13
cards
9. Keynesian V Neo- Approaches to AS
What is the neo classical view of...,
What is the keynesian view of lras 2,
What are the 3 levels of the keyn...
6
cards
10. Schools of Thought
Keynes brief outline 1,
Friedman brief outline 2,
Hayek brief outline 3
9
cards
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AD and AS (Macro)
- Class purpose General learning
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