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economics theme 2

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

By: Millie Adkins
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Decks in this class (14)

2.1.1- Economic Growth
What is economic growth,
What is gross domestic product,
What are real values
18  cards
2.2.1- The Characteristics Of AD
What is aggregate demand,
What is the formula for ad,
What is consumption
18  cards
2.2.2- Consumption
What is consumption,
What is disposable income,
Where does income come from
22  cards
2.2.5- Net trade
What is net trade,
When is the trade balance in surplus,
When is the trade balance in deficit
12  cards
2.2.4- Government Spending
What are the influences on govern...,
How does the trade cycle influenc...,
What is fiscal policy
13  cards
2.2.3- Investment
What is investment,
What is gross investment,
What is net investment
16  cards
2.4.1- National Income
What is income,
What is wealth,
What are injections
6  cards
2.1.2- Inflation
What is inflation,
What is the uk target per annum f...,
What is deflation
33  cards
2.1.3- Employment
What is unemployment,
What is long term unemployment,
What is youth unemployment
25  cards
2.4.4- The Multiplier
What is the multiplier ratio,
What is the multiplier effect,
How does the multiplier effect work
17  cards
2.1.4-Balance Of Payments
What is balance of payments,
What is balance of payments made ...,
What is the current account
22  cards
2.5.3-Trade Cycle
What is the trade cycle,
What is a boom,
Why are booms short lived
14  cards
2.6.1- Possible Macroeconomic Policies
What are the 7 key macroeconomic ...,
What is the gov aim for balance o...,
What is the aim for unemployment
14  cards
Influence Of Exchange Rate On GMEOs
What happens to import prices whe...,
What happens to the cost of raw m...,
What happens to interest rates if...
9  cards

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economics theme 2

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