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Economics: Unit 4

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

By: Bergina Obertinca
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Decks in this class (16)

Topic 1: Globalisation
Evidence that globalisation is oc...,
Globalisation 2,
Causes of globalisation 3
5  cards
Topic 2- Foreign Trade
Reasons why international trade t...,
Absolute advantage comparative ad...,
Patterns of trade 3
16  cards
Topic 3- Protectionism
Protectionism 1,
Methods of protectionism short 2,
Methods of protectionism with exp...
9  cards
Topic 4- Balance of payments
The balance of payments 1,
The current account 4 sections 2,
The current account 4 sections 3
19  cards
Topic 5-Exchange rates
Exchange rate 1,
Factors influencing exchange rate...,
Factors influencing exchange rate...
11  cards
Topic 6-Monetary Union
Monetary union 1,
Benefits of monetary unions 6 ben...,
Benefits of monetary unions expla...
4  cards
Topic 7- Competitiveness
Measures of international competi...,
Measures of international competi...,
Factors influencing international...
6  cards
Topic 8- Inequality
Absolute poverty problems with de...,
Relative poverty issues with the ...,
Other factors used to assess pove...
13  cards
Topic 9-Limits to economic growth and development
Limits to growth and development ...,
Limits to growth and development 2,
Limits to growth and development 3
6  cards
Topic 10- Fiscal Policy
Macroeconomic objectives 1,
Macroeconomic objectives 2,
Macroeconomic objectives 3
13  cards
Topic 10- Public expenditure
Public expenditure 1,
Three elements of public expendit...,
The size of the public expenditure 3
7  cards
Topic 10 -Taxation
Direct tax examples of direct tax 1,
Indirect tax examples of indirect...,
Categories of taxation 3
11  cards
Topic 10 - Public borrowing and public sector debt
Public sector net borrowing 1,
Structural budget deficit 2,
Affects of structural budget defi...
4  cards
Topic 11- Monetary policy
Monetary policy 1,
Control of inflation 2,
Criticisms of inflation targetting 3
6  cards
Topic 12- Supply side policies
Supply side policies 1,
Labour market policies 2,
Product market policies 3
6  cards
Topic 13- Ways of promoting growth and development
State interventionist approach 1,
State interventionist approach 2,
Problems with interventionist pol...
10  cards

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Economics: Unit 4

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