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🥨Intermediate Macroeconomic Theory
Key Terms

518 essential vocabulary terms and definitions to know for your Intermediate Macroeconomic Theory exam

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1/(1-mpc)
1970s stagflation
2008 financial crisis

A

A.W. Phillips
Absolute Income Hypothesis
Absolute ppp
Accelerator theory
Access to credit
Accountability
Actual Investment
AD-AS Curve
AD-AS Model
Adam Smith
Adjusted Net National Income
Aggregate Demand
Aggregate Demand and Supply
Aggregate demand and supply graph
Aggregate Expenditure
Aggregate Supply
Ak model
Alfred Marshall
Altruistic motives
AS/AD Model
Asset prices
Austerity Measures
Automatic Stabilizers
Autonomous consumption
Autonomous spending
Availability of financing
Average productivity
Average propensity to consume

B

Balance of payments
Balance sheet channel
Bank lending channel
Bank of Japan
Barro-Ricardo Equivalence Theorem
Basket of Goods
Bear market
Behavioral Economics
Ben Bernanke
Big Mac Index
Boom
Broad money supply (M2)
Budget deficit
Budget surplus
Bull market
Business confidence
Business cycle
Business fixed investment
Business investment
Bust

C

Capacity Utilization
Capital account
Capital accumulation
Capital Controls
Capital flight
Central bank
Central bank independence
Chain-weighted index
Chained Dollars
Changes in Consumer Confidence
Circular Flow Model
Classical Economics
Classical theory
Clear Communication
Cobb-Douglas Utility Function
Constant Dollars
Constrained Independence
Consumer confidence
Consumer Demand
Consumer Expectations
Consumer Price Index
Consumer price index (CPI)
Consumer sentiment
Consumption