This class was created by Brainscape user Kate Baker. Visit their profile to learn more about the creator.
By:
Kate Baker
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Decks in this class (26)
Lecture 1: Introduction
What is macroeconomics,
Define the economy,
What 2 things does gdp measure
31
cards
Lecture 2
Define nominal gdp,
How can you calculate nominal gdp,
Define real gdp
21
cards
Lecture 3
Define inflation,
Why does inflation occur,
Why can the supply of money can i...
41
cards
Lecture 4
What are nominal interest rates,
How are nominal interest rates no...,
What does the yield curve show
36
cards
Lecture 5
What does the theory liquidity pr...,
According to keynes theory of liq...,
According to keynes theory of liq...
41
cards
Lecture 6
Banks holding settlement cash are...,
Banks borrowing settlement cash p...,
What do the banks do in terms of ...
56
cards
Finishing lecture 6 and starting lecture 7
Define investment,
How can you fund investment,
What are savings
14
cards
Lecture 7
What are financial markets,
What are the two different type o...,
Both bond and share markets are w...
48
cards
Lecture 8
We assumed previously that nz was...,
What does interacting with the re...,
What is meant by financial assets
36
cards
Lecture 9
What is the equation for private ...,
What are private savings,
What is the equation for public s...
35
cards
Lecture 10
If the ppp holds the real exchang...,
The _________ exchange rate will ...,
What are four things to remember ...
30
cards
Inflation/Inflation Rate
How can we calculate the inflatio...,
How can we calculate the inflatio...,
How can we calculate the real eco...
3
cards
Second half of 3b Macroeconomics of the Open Economy
For a current account deficit cab...,
For a current account surplus cab...,
Where does the supply of nzd come...
29
cards
Lecture 13, 14, 15 (4a The Real Economy in the Long Run)
What is real gdp,
What two things is gdp measured at,
Is gdp often over or under stated...
40
cards
Lecture 13
Define human capital,
Do poor countries tend to catch u...,
Sometimes eg in south korea there...
34
cards
Lecture for Thurs 26 August
If we produce more than potential...,
If we produce less than potential...,
What is on each axis of the graph...
52
cards
Lecture for Friday 27 Aug
At potential output y what three ...,
During recessionary gaps which is...,
During recessionary gaps is cycli...
17
cards
Lecture Tuesday 7 Sep
What does the neo classical expla...,
What does keynes say,
What is planned aggregate expendi...
26
cards
Lecture Tues 21 Sep (Week 10, lecture 1)
What does the ad curve show the l...,
Because the ad curve shows the li...,
What are the advantages of the ad...
31
cards
Lecture Thurs 23 Sep (Week 10, lecture 2)
How does fiscal policy influence ...,
What does fiscal policy refer to,
Give an example of how the govern...
18
cards
Lecture Friday 24 Sep (Week 10, lecture 3)
Explain why with an expasionary g...,
Explain why with an expansionary ...,
Explain why with an expansionary ...
22
cards
Lecture Friday 24 Sep (Week 10, lecture 3) COVID and the AD-AS model
In what ways would covid 19 affec...
1
cards
Lecture Thur Sep 30
Why does the reserve bank worry a...,
Go back over taylor s rule and go...,
What would the reserve bank do if...
33
cards
Lecture 3 stuff to work on
What is the cpi,
How can we calculate the cpi,
How can we calculate inflation fr...
7
cards
Lecture 4 stuff to work on
What is commodity money,
What is fiat money,
What are the four functions of money
19
cards
Lecture 5 stuff to work on
What does selling bonds do to the...,
What does buying bonds do to the ...,
What does increasing the reserve ...
8
cards
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osb
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