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macroeconomics

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

By: Edward Jenner
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Decks in this class (13)

Long Run Phillips Curve
What is the lrpc
1  cards
Circular Flow Of Incoms
Injections within the circular flow,
Leakages within the circular flow,
Measuring national output expendi...
4  cards
Taxation
What is a direct tax,
Examples of direct taxation,
Pros of direct taxation
8  cards
Little Parts
Causes of a negative output gap,
Consequences of negative output gap,
Causes of positive output gap
27  cards
The Multiplier
What is the multiplier,
Causes of multiplier effects,
Factors affecting the size of a m...
7  cards
Balance Of Payment Ls
Features of the balance of payments,
Capital account,
Current account
11  cards
Exchange Rates
Types of exchange rate systems,
Positives of floating exchange rate,
Cons of floating exchange rate
7  cards
Fiscal Policy
Direct tax,
Pros of direct taxation,
Cons of direct taxation
13  cards
Supply Side Policy
Supply side policy purpose,
Market based supply side policies,
Interventionist supply side policy
5  cards
Globalisation
Terms of trade equation,
International competitveness explain,
Absolute advantage
11  cards
Aggregate Supply And Demand
Aggregate supply,
Lras increase on price level keyn...,
Short run aggregate supply
10  cards
Accelerator
Accelerator effect
1  cards
Financial Sector
Fisher equation,
Role of finacial sector,
Harrod domar model
6  cards

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macroeconomics

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