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Macroeconomics
Table of Contents
Topic pack - Macroeconomics - introduction
2.1 The level of overall economic activity (notes)
2.1 The level of overall economic activity (questions)
Section 2.2 Aggregate demand and supply (notes)
Section 2.2 Aggregate demand and supply (simulations and activities)
2.2 Aggregate Demand and Aggregate Supply (questions)
2.3 Macroeconomic objectives (notes)
Low Unemployment
2.3 Macroeconomic objectives (questions)
2.4 Fiscal policy (notes)
Fiscal policy - introduction
The government budget
Types of government expenditure
A Case study: Government spending in the UK
The budget outcome
Fiscal policy and short-term demand management
Impact of automatic stabilisers
Fiscal policy and its impact on potential output
Evaluation of fiscal policy
The multiplier effect & fiscal policy
Accelerator
Crowding out
2.4 Fiscal policy (questions)
2.5 Monetary policy (notes)
2.5 Monetary Policy (questions)
Section 2.6 Supply-side policies (notes)
2.6 Supply-side policies (questions)
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The multiplier effect & fiscal policy
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The multiplier effect and the effectiveness of fiscal policy