Macroeconomics

Table of Contents

1. Topic pack - Macroeconomics - introduction
2. 2.1 The level of overall economic activity (notes)
3. 2.1 The level of overall economic activity (questions)
4. Section 2.2 Aggregate demand and supply (notes)
5. Section 2.2 Aggregate demand and supply (simulations and activities)
6. 2.2 Aggregate Demand and Aggregate Supply (questions)
7. 2.3 Macroeconomic objectives (notes)
8. Low Unemployment
9. 2.3 Macroeconomic objectives (questions)
10. 2.4 Fiscal policy (notes)
    1. Fiscal policy - introduction
    2. The government budget
    3. Types of government expenditure
    4. A Case study: Government spending in the UK
    5. The budget outcome
    6. Fiscal policy and short-term demand management
    7. Impact of automatic stabilisers
    8. Fiscal policy and its impact on potential output
    9. Evaluation of fiscal policy
    10. The multiplier effect & fiscal policy
    11. Accelerator
    12. Crowding out
11. 2.4 Fiscal policy (questions)
12. 2.5 Monetary policy (notes)
13. 2.5 Monetary Policy (questions)
14. Section 2.6 Supply-side policies (notes)
15. 2.6 Supply-side policies (questions)
16. Print View

A Case study: Government spending in the UK

The following diagram shows the extent of government spending in the UK, and identifies spending by individual government departments.

The following website provides a great deal on information about UK government spending. Specifically it enables you to see information about:

• types of spending
• spending by region
• central and local government spending
• how government spending changes over time
• the proportion of overall GDP spent by the UK government

1. Identify the five main areas of government spending in the UK.
2. Describe how the proportion of government spending on these five areas changed over the last 5 years.
3. Plot the proportion of GDP spent by the government over the last 10 years and describe the results you have found.
4. Use the web to find out the above data for your own country.