Brainscape's Knowledge GenomeTM


Top Flashcards (Certified)
All Flashcards

Economics - Theme 2

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

By: Jamie Perritt
Start Studying

Decks in this class (23)

Economic Growth 2.1
Gdp def 1,
Real gdp 2,
Benefits of economic growth 3
10  cards
Inflation 2.1
Inflation def 1,
Disinflation def 2,
How we measure inflation index nu...
11  cards
Employment & Unemployment 2.1
Labour force def economically act...,
Unemployment def 2,
Underemployment 3
18  cards
Balance of Payments
Balance of payments def 1,
4 components of the balance of pa...,
4 main macro objectives 3
6  cards
Characteristics of AD
Aggregate demand def 1,
Aggregate demand formula 2,
Consumption 3
6  cards
Consumption
Mpc marginal propensity to consume 1,
Apc average propensity to consume 2,
Keynes apc theory 3
4  cards
Investment
Investment def 1,
Gross vs net investment 2,
Determinants of investment 3
3  cards
Net Trade (X-M)
Determinants of demand for import...
1  cards
Aggregate Supply
Aggregate supply def 1,
Sras 2,
Sras curve u 3
9  cards
National Income
Circular flow of income 1,
Circular flow of income diagramu 2,
Issues of the circular flow of in...
3  cards
Injections & Withdrawals
Injections 1,
Withdrawals 2
2  cards
Equilibrium levels of Real National Output
Macro economic equilibrium 1,
Sras equilibrium diagram u 2,
Lras equilibrium diagram u 3
4  cards
The Multiplier
Multiplier 1,
Multiplier formula 2,
Irl multiplier 3
4  cards
Causes of Growth 2.5
Growth 1,
Short run growth 2,
Long run growth 3
9  cards
Output Gaps 2.5
Output gap def 1,
Actual growth v long term trends 2,
Negative output gap 3
5  cards
Trade Cycle 2.5
Trade cycle def 1,
Trade cycle diagram 2,
Boom 4 3
8  cards
Macroeconomic Objectives 2.6
7 macro objectives 1,
Economic growth 2,
Low unemployment 3
7  cards
Demand-Side Policies 2.6
Demand side policies def types 1,
Interest rates monetary policy 2,
Impact of interest rates on consu...
10  cards
Supply-Side Policies 2.6
Supply side policies def 1,
2 types of supply side policies 2,
Interventionist policies examples...
8  cards
Conflicts & Trade-offs between objectives and Policies
Conflicts between 4 main objectiv...,
Short run phillips curve u 2,
Conflict between policies 4 3
3  cards
GDP
Gdp eval 1,
Real gdp formula 2
2  cards
Impact of Economic Growth 2.5
Impacts of growth on consumers 1,
Impact of growth on firms 2,
Impact of growth on government 3
4  cards
Reducing fiscal deficit
Reducing fiscal deficit and natio...,
Cons of macro policies 2,
Austerity to reduce national debt 3
4  cards

More about
Economics - Theme 2

  • Class purpose General learning

Learn faster with Brainscape on your web, iPhone, or Android device. Study Jamie Perritt's Economics - Theme 2 flashcards now!

How studying works.

Brainscape's adaptive web mobile flashcards system will drill you on your weaknesses, using a pattern guaranteed to help you learn more in less time.

Learn more about spaced repetition

Add your own flashcards.

Either request "Edit" access from the author, or make a copy of the class to edit as your own. And you can always create a totally new class of your own too!

What's Brainscape anyway?

Brainscape is a digital flashcards platform where you can find, create, share, and study any subject on the planet.

We use an adaptive study algorithm that is proven to help you learn faster and remember longer....

Looking for something else?

Economics- Theme 2
  • 19 decks
  • 268 flashcards
  • 43 learners
Decks: 1 Measures Of Economic Performance, 2 Aggregate Demand, 3 Consumption, And more!
Theme 1 17/18
  • 53 decks
  • 779 flashcards
  • 89 learners
Decks: 11b Dynamic, 11c New Business, 11d Creative Thinking, And more!
Economics
  • 25 decks
  • 1413 flashcards
  • 1695 learners
Decks: Chapter 1 The Basic Economic Problem, Aggregate Demand And Supply, Chapter 3 Elasticity, And more!
Find Flashcards
Make Flashcards
Brainscape helps you reach your goals faster, through stronger study habits.
© 2025 Bold Learning Solutions. Terms and Conditions