Flashcards: Fundamentals of Stock-Flow Consistent Macroeconomics — 9 cards

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1Question

Mainstream macro — key sectors?

Answer

Firms and households with market equilibrium assumptions.

2Question

Mainstream macro — sectors?

Answer

Firms and households only.

3Question

Features of SFC Modelling — core principle?

Answer

Ensures all stocks and flows are fully accounted for.

4Question

Features of SFC Modelling — core?

Answer

Stock-flow consistency and detailed accounting.

5Question

Principles of SFC Models — focus?

Answer

Balancing stocks and flows over time.

6Question

Balance Sheet Matrix — purpose?

Answer

Captures assets and liabilities interrelations.

7Question

Transactions Flow Matrix — role?

Answer

Records all financial flows between sectors.

8Question

Dynamic SFC analysis — goal?

Answer

Study time evolution of stocks and flows.

9Question

Key variables in SFC — examples?

Answer

Wealth, debt, income, consumption.

Test yourself with the quiz

Test your knowledge with 9 questions on Fundamentals of Stock-Flow Consistent Macroeconomics.

1. In analyzing a financial crisis where demand factors and banking sector activities are central, which macroeconomic modeling approach should a researcher most appropriately apply?

2. Which macroeconomic approach primarily features a simplified two-sector model with no active banks, assuming market equilibrium and supply-driven outcomes?

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