Economics - macro Flashcards

Decks in this Class (17):

• 61 The Objectives Of Government Economic

  6.1 The objectives of government economic policy

  Sample Cards:

  what are the 6 macroeconomic objectives,

  what does economic growth measure,

  what does gdp measure
  18 Cards
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• 62 Macroeconomic Indicators

  6.2 macroeconomic indicators

  Sample Cards:

  how is economics growth measured,

  what 4 variables are used to measure eco,

  how is unemployment measured
  22 Cards
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• 63 The Uses Of Index Numbers

  6.3 The uses of index numbers

  Sample Cards:

  what number does the index base number h,

  how do you calculate index numbers,

  why are index numbers useful
  6 Cards
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• 71 The Circular Flow Of Income

  7.1 The circular flow of income

  Sample Cards:

  what are the 3 methods of calculating na,

  how do you calculate national income thr,

  how do you calculate national income thr
  20 Cards
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• 72 Ad And As Analysis

  7.2 AD and AS analysis

  Sample Cards:

  what is short run as,

  what is long run as,

  what did keynes believe that led to his
  7 Cards
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• 73 The Determinants Of Ad

  7.3 The determinants of AD

  Sample Cards:

  what is the shape of a normal demand cur,

  what is price level,

  what is real national output rno
  29 Cards
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• 74 Ad And The Level Of Economic Activity

  7.4 AD and the level of economic activity

  Sample Cards:

  what is the multiplier effect,

  what is the formula for calculating the,

  what is the negative multiplier
  7 Cards
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• 75 The Determinants Of Sras

  7.5 The determinants of SRAS

  Sample Cards:

  what are the 4 factors of production,

  what are the main determinants of sras,

  what factors change production costs
  7 Cards
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• 76 The Determinants Of Lras

  7.6 The determinants of LRAS

  Sample Cards:

  what are the determinants of lras,

  what does the lras curve look like,

  why is the lras curve vertical
  7 Cards
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• 81 Economic Growth And The Economic Cycl

  8.1 Economic growth and the economic cycle

  Sample Cards:

  what is short run economic growth,

  what is long run economic growth,

  how is short run economic growth measure
  21 Cards
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• 82 Employment And Unemployment

  8.2 Employment and unemployment

  Sample Cards:

  what is the definition of unemployment,

  what is the level of unemployment,

  what is the rate of unemployment
  18 Cards
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• 83 Inflation And Deflation

  8.3 Inflation and deflation

  Sample Cards:

  what is inflation,

  why does inflation matter,

  what are the two principle measures of i
  14 Cards
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• 84 The Balance Of Payments On Current Ac

  8.4 The balance of payments on current account

  Sample Cards:

  what is the balance of payments,

  what are the 3 sections of the balance o,

  what does the current account measure
  12 Cards
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• 85 Possible Conflicts Between Macroecono

  8.5 Possible conflicts between macroeconomic policy objectives

  Sample Cards:

  what is monetary policy,

  what is fiscal policy,

  what are the most common conflicts in ob
  5 Cards
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• 91 Monetary Policy

  9.1 Monetary policy

  Sample Cards:

  what is monetary policy,

  what are the goals of monetary policy,

  what is the mpc
  27 Cards
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• 92 Fiscal Policy

  9.2 Fiscal policy

  Sample Cards:

  what is fiscal policy,

  what goals does fiscal policy try to ach,

  if fiscal policy is said to be expansion
  17 Cards
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• 93 Supply Side Policies

  9.3 supply side policies

  Sample Cards:

  what is supply side policy,

  what will a successful supply side polic,

  what are the 9 supply side policy option
  14 Cards
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