Economics 2
- Created by: Katherine
- Created on: 05-02-13 17:13
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- Economics Managing the Economy Unit 2
- Inflation
- Calculating rate of inflation in the UK?
- Significance of the measure
- Economic Growth
- How is it measured?
- What are the limitations?
- Balance of Payment. Current Account
- Deficits on the Current Account
- Surpluses on the Current Account
- Balance in trade in goods & Services
- The causes and costs of an imbalance in the Current Account
- Measures of Development
- Human Development Index (HDI)
- Advantages
- Limitations
- Human Development Index (HDI)
- Other measures of development
- Employment and Unemployment
- How is unemployment measured in the UK?
- Significance of changes in the rates of employment and unemployment
- Types and Costs of unemployment
- Significance of Migration for employment and unemployment
- Aggregate Supply
- Equilibrium level of output
- Components of AD=C+I+G+(X-M)
- Government Spending
- Investment
- Exports-Imports
- Consumption
- The Multiplier
- Actual and Potential Growth
- Income and Wealth
- Demand-side Policies
- Supply-side Policies
- Benefits of Growth
- National income and the circular flow of income
- Conflicts between Objectives
- Causes and Constraints on growth
- Costs of Growth
- Untitled
- Current Macroeconomic Objectives
- Conflicts resulting from the use of policy instruments
- Inflation
- Economic Growth
- How is it measured?
- What are the limitations?
- Employment and Unemployment
- How is unemployment measured in the UK?
- Significance of changes in the rates of employment and unemployment
- Types and Costs of unemployment
- Significance of Migration for employment and unemployment
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