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Princples Of Economics-Macro

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

By: lew lee
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Decks in this class (8)

Classical Theory
What model captures financial sid...,
What are the 2 characteristics of...,
Closed market
37  cards
Money And Inflation Part 1
Money definition,
4 functions of money,
Money supply
16  cards
Money And Inflation Part 2
3 instruments of monetary policy,
Why borrow from central bank,
Policy rate base rate relationshi...
35  cards
The Open Economy
Nominal exchange rate definition,
Real exchange rate definition,
Real exchange rate formula
48  cards
The IS LM Model-Keynesian
Key assumptions of keynesian mode...,
Circular flow of income for a clo...,
Planned e vs actual expenditure y
18  cards
The IS LM Model Part 2
Why can t we use loanable funds m...,
What is the keynesian money marke...,
The theory of liquidity preferenc...
33  cards
AS AD Model
What us output in the long run kn...,
What shifts lras,
Market oriented supply side policy
14  cards
AS AD Model Part 2 (part 3 On PowerPoint)
3 reasons why sras slopes upward,
Some sticky prices,
Sticky wages 2 reasons for them
10  cards

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Princples Of Economics-Macro

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