Description
Description
Macro Economics A level book 4, Notes,
TABLE OF CONTENTS
PREFACE
REFERENCES
A-LEVEL ECONOMICS 9708 SYLLABUS OVERVIEW (2016-18)
UNIT 1 NATIONAL INCOME ACCOUNTING
NATIONAL INCOME CONCEPTS
METHODS OF CALCULATING NATIONAL INCOME
PROBLEMS IN CALCULATING NATIONAL INCOME:-
USES OF NATIONAL INCOME STATISTICS
NATIONAL DEBT
BUSINESS (TRADE) CYCLE
PAST PAPER QUESTIONS
UNIT 2 ECONOMIC GROWTH AND DEVELOPMENT
COMPARISON OF ACTUAL AND POTENTIAL GROWTH
COSTS AND BENEFITS OF GROWTH, INCLUDING USING AND CONSERVING RESOURCES:
USING AND CONSERVING RESOURCES
NATIONAL INCOME STATISTICS AND STANDARD OF LIVING
ECONOMIC DEVELOPMENT
CLASSIFICATION OF COUNTRIES:
POLICY APPROACHES FOR ECONOMIC DEVELOPMENT
THE ROLE OF THE INTERNATIONAL MONETARY FUND AND THE WORLD BANK
PROBLEMS EXISTING IN DEVELOPED COUNTRIES:
PAST PAPER QUESTIONS
UNIT 3 KEYNESIAN THEORY OF INCOME AND EMPLOYMENT
SECTORS AND TYPES OF ECONOMIES:
CIRCULAR FLOW OF INCOME
FROM ACTUAL TO DESIRED EXPENDITURE
1 FUNCTION:
2: SAVING FUNCTION:
3 FUNCTION
4 FUNCTIONS
5 FUNCTION
6 EXPENDITURE FUNCTION:
7/PLANNED INVESTMENT:-
NATIONAL INCOME EQUILIBRIUM:
INFLATIONARY AND DEFLATIONARY GAPS
MULTIPLIER
ACCELERATOR:
PAST PAPER QUESTIONS
UNIT 4 MONEY, BANKING AND INTEREST RATE DETERMINATION
(Micro Economics A level book 4, Notes)
MONEY
BANKING:
CREDIT CREATION PROCESS:
INTEREST RATE DETERMINATION
LIQUIDITY PREFERENCE THEORY (LPT):
DEMAND FOR MONEY/LIQUIDITY PREFERENCE (LP):
CHANGES IN EQUILIBRIUM INTEREST RATE:
PAST PAPERS QUESTIONS
4 (Micro Economics A level book 4, Notes)
UNIT 5 MACROECONOMIC POLICIES
MONETARY POLICY:
MONETARY TRANSMISSION MECHANISM (MTM)
GOVERNMENT FAILURE ON MACROECONOMIC POLICY
PAST PAPERS QUESTIONS
UNIT 6 EMPLOYMENT AND UNEMPLOYMENT
THE CAUSES OF UNEMPLOYMENT
VOLUNTARY AND INVOLUNTARY UNEMPLOYMENT
FULL-EMPLOYMENT / NATURAL RATE OF UNEMPLOYMENT (NRU)
THE CONSEQUENCES OF UNEMPLOYMENT
METHODS AND DIFFICULTIES OF MEASURING UNEMPLOYMENT
POLICIES TO CORRECT UNEMPLOYMENT
THE PATTERN AND TRENDS IN (UN)EMPLOYMENT
INFLUENCES ON THE SIZE AND COMPOSITION OF THE LABOUR FORCE
PAST PAPER QUESTIONS
UNIT 7 MACROECONOMIC OBJECTIVES AND CONFLICTS BETWEEN POLICY OBJECTIVES
LONG-RUN PHILIPS CURVE (LRPC):
GOVERNMENT ECONOMIC AIMS:
CONFLICTS AMONG MACROECONOMIC AIMS:
KEYNESIAN AND MONETARIST THEORETICAL APPROACHES
PAST PAPER QUESTIONS
(Micro Economics A level book 4, Notes)
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