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Macroeconomics

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

By: Tyson Pulsipher
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Decks in this class (13)

Quiz 1 Part 1
Define economics 1,
What are goods 2,
What are services 3
20  cards
Quiz 1 Part 2
Define full employment 1,
Define full production or economi...,
Define allocative efficiency 3
12  cards
Quiz 2
Who is adam smith 1,
What is laissez faire 2,
What is the role of price in a ma...
6  cards
Quiz 3
Demand schedule 1,
Demand curve 2,
Demand equation 3
19  cards
Quiz 5 Part 1 & 2
What are the six basic economic s...,
Traditional system 2,
Command system 3
23  cards
Chapter 8 Quiz
Economic growth 1,
Changes in real gdp 2,
Changes in real gdp per capita 3
6  cards
Investment
What are the three components of ...,
When should investment happen 2,
Investment is 3
6  cards
Government
Government g includes 1,
Government spending is determined...,
Net exports 3
7  cards
Aggregate Demand and Aggregate Supply
Aggregate demand 1,
Why is the aggregate demand curve...,
Wealth effect 3
11  cards
Unemployment and Phillips Curve
What are the 3 categories of unem...,
Frictional unemployment 2,
Structural unemployment 3
13  cards
Business Cycle
Sticky prices 1,
Business cycle 2,
Peak 3
7  cards
Money, Monetary Policy, Banking
What are the 3 functions of money 1,
Medium of exchange 2,
Store of value 3
15  cards
Shocks and Fiscal Policy
Define shocks 1,
What are the 3 elements to the ag...,
Define short run equilibrium outp...
7  cards

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Macroeconomics

  • Class purpose General learning

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