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

Decks in this class (25)

Week 1
What is gdp 1,
Short run fluctuations in gdp are...,
Why use a log scale 3
18  cards
Questions for Week 1
Media 1,
Media 2
2  cards
Week 2
What is the gdp deflator and how ...,
How does the cpi use the concept ...,
How is quarterly inflation calcul...
27  cards
Questions for Week 2
What are the main costs associate...,
How does inflation act as a tax 2,
What is substitution bias and how...
15  cards
Week 3
What is the neoclassical model of...,
How is the demand for labour dete...,
What is the marginal product mp o...
29  cards
Questions for Week 3
How is the unemployment rate meas...,
What is the participation rate 2,
What are the main types of unempl...
21  cards
Week 4
Who was john maynard keynes and w...,
What is the keynesian approach to...,
What are the two components of in...
22  cards
Questions for Week 4
Why is unemployment counter cycli...,
What is the keynesian view of con...,
What is the purpose of the 45 deg...
15  cards
Week 5
What is fiscal policy and what ar...,
Explain the balanced budget multi...,
How does a tax cut help close a c...
22  cards
Questions for Week 5
What is the balanced budget multi...,
How does the balanced budget mult...,
What are some limitations of fisc...
15  cards
Week 6
What are the three main functions...,
What is seigniorage 2,
How is m1 defined in the context ...
21  cards
Questions for Week 6
What are the three functions of m...,
Why must the velocity of circulat...,
What are open market operations o...
17  cards
Week 7
0  cards
Questions for Week 7
0  cards
Week 8
What is inflation targeting and h...,
Describe the policy reaction func...,
How is the aggregate demand ad cu...
18  cards
Questions for Week 8
What is a policy reaction functio...,
How is the taylor rule represente...,
How does changing the inflation t...
17  cards
Week 9
What is long run economic growth ...,
What are some historical patterns...,
What determines a country s per c...
22  cards
Questions for Week 9
What is a production function and...,
What does it mean if a production...,
What is the cobb douglas producti...
18  cards
Week 10
What is the solow swan model and ...,
What are the main assumptions of ...,
How do savings and investment rel...
20  cards
Questions for Week 10
What does the solow swan model pr...,
What are the key variables in the...,
Why is the relationship between p...
20  cards
Week 11
What is an exchange rate and how ...,
Differentiate between nominal and...,
What is the formula for the real ...
26  cards
Questions for Week 11
What is the nominal exchange rate 1,
Define the real exchange rate rer...,
What is the formula for the real ...
21  cards
Week 12
What is the balance of payments b...,
How does the bop equation balance 2,
What are the main components of t...
22  cards
Questions for Week 12
What is the balance of payments b...,
What are the two main components ...,
What does a positive current acco...
24  cards
Week 13
Why are macroeconomic models esse...,
What are the core models used in ...,
What is the formula for planned a...
15  cards

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ECON1002

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