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Macroeconomics

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

By: TJ Hodge
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Decks in this class (12)

Chapter 1 Concepts and Terms
Economics 1,
Theory of revealed preference 2,
Characteristics of value 3
28  cards
Chapter 2 Concepts and Terms
Worth of an individual s life by ...,
If the marginal cost of a good as...,
Why does marginal cost rise as mo...
16  cards
Chapter 3 Concepts and Terms
Value is created in one of two wa...,
According to adam smith money is ...,
The production process turns inpu...
22  cards
Chapter 4 Concepts and Terms
Trade 1,
Barter 2,
The incentive to trade comes from...
30  cards
Chapter 5 Concepts and Terms
Socialize 1,
The market reflects individuals v...,
Karl marx 3
23  cards
Chapter 6 Concepts and Terms
Money 1,
Barter 2,
Double coincidence of wants 3
21  cards
Chapter 7 Concepts and Terms
Equation of exchange 1,
The equation at a deeper level of...,
The average number of times that ...
12  cards
Chapter 8 Concepts and Terms
The interest rate 1,
Direct finance 2,
Maturity 3
22  cards
Chapter 9 Concepts and Terms
Wealth is a stock 1,
Income is a flow 2,
Those sold to a final user 3
42  cards
Chapter 10 Concepts and Terms
For any particular plant size as ...,
Marginal product of a worker mult...,
What are the results of non labor...
24  cards
Chapter 11 Concepts and Terms
Supply creates its own demand if ...,
In this way there can never be an...,
The chapter on production develop...
21  cards
Chapter 12 Concepts and Terms
When the state spends more than i...,
The total amount the state owes 2,
The portion of the debt that the ...
12  cards

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Macroeconomics

  • Class purpose General learning

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