This class was created by Brainscape user Archie Kemp. Visit their profile to learn more about the creator.
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Archie Kemp
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Decks in this class (7)
Measures Of Economic Preference
Real gdp and nominal gdp difference,
Gross national income,
Gross national product
35
cards
Aggregate Demand
What does aggregate demand show t...,
What is the income effect,
Substitution effect
33
cards
Aggregate Supply
Short run aggregate supply,
Long run aggregate supply,
Factors influencing short run agg...
9
cards
National Income
Injections to the circular flow o...,
Withdrawals from the circular flo...,
Classic lras and ad
15
cards
Economic Growth
What is the main cause of economi...,
How can land cause economic growth,
How can labour improvement increa...
33
cards
Macroeconomic Objectives
What are the 7 macroeconomic obje...,
What do the mpc do,
What is the impact of a rise in i...
52
cards
Additional Theme 2 Info
3 ways to measure gdp,
Relationship with the circular fl...,
Ways the multiplier can be increased
14
cards
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theme 2 economics
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