4.+Macroeconomics

Section 1 of the syllabus looked at economic decisions made on a 'micro' scale- the decisions of households, firms and markets and how governments can attempt to influence market outcomes. Macroeconomics, on the other hand, looks at decisions, again often associated with resource allocation, on a bigger scale. Examining decisions made by national governments in an attempt to influence national economies and moderate levels of economic growth, unemployment, inflation and income distribution.


 * 1) == @How can we measure and model an economy? ==
 * 2) == @The Aggregate Demand and Aggregate Supply model ==
 * 3) == @The nature of unemployment ==
 * 4) == @The nature of inflation ==
 * 5) == @Equity and the distribution of income ==

Government Policy and objectives- a summary

 * [[file:7. Government policy and objectives- a summary.doc]]

[|Economy tracker UK- a graphical look at key economic indicators in the UK]