Available Topics

Click on any unit below to view its subtopics:

• 2.1 The Measurement of Macroeconomic Performance

  +

  Economic growth, inflation, employment, balance of payments

  • 2.1.1 The Objectives of Government Economic Policy
  • 2.1.2 Macroeconomic Indicators
  • 2.1.3 Uses of Index Numbers

• 2.2 How the Macroeconomy Works

  +

  Circular flow, AD/AS analysis, economic cycle

  • 2.2.1 The Circular Flow of Income
  • 2.2.2 Aggregate Demand and Aggregate Supply Analysis
  • 2.2.3 The Determinants of Aggregate Demand
  • 2.2.4 Aggregate Demand and the Level of Economic Activity
  • 2.2.5 Determinants of Short-Run Aggregate Supply
  • 2.2.6 Determinants of Long-Run Aggregate Supply

• 2.3 Economic Performance

  +

  Growth, unemployment, inflation, inequality

  • 2.3.1 Economic Growth & the Economic Cycle
  • 2.3.2 Employment & Unemployment
  • 2.3.3 Inflation & Deflation
  • 2.3.4 Balance of Payments on Current Account
  • 2.3.5 Possible Conflicts between Macroeconomic Policy Objectives

• 2.4 Macroeconomic Policy

  +

  Money, interest rates, central bank role

  • 2.4.1 Monetary Policy
  • 2.4.2 Fiscal Policy
  • 2.4.3 Supply-Side Policies