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Course notes (HD student)

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Notes for the course that correspond to lecture material, dot points and with associated diagrams

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46 Pages Complete Study Notes > 2 Years old
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Topics this document covers:
Business Gross domestic product Inflation Keynesian economics Aggregate demand Economics Macroeconomics Real interest rate National accounts Economic indicators Aggregate expenditure Measuring GDP Real versus nominal value
This is a Complete Set of Study Notes

Complete Study Notes typically cover at least half a semester’s content or several topics in greater depth. They are typically greater than 20 pages in length and go into more detail when covering topics.

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Topics this document covers:
Business Gross domestic product Inflation Keynesian economics Aggregate demand Economics Macroeconomics Real interest rate National accounts Economic indicators Aggregate expenditure Measuring GDP Real versus nominal value
Sample Text:
) Economic Problem individuals have unlimited wants but are constrained by scare/finite resources Macroeconomics Concerns the AGGREGATE impact of individual behaviour (microeconomics) and economic decisions Aggregate demand and aggregate supply Policy-making (Fiscal, monetary) Aggregate Economic Issues: o Interest and Exchange Rates o Rates of growth (GDP), prices (CPI) and employment Measures of Macroeconomic Performance 1. Long Run Rising Living Standards (GDP per capita) 2. Minimizing business cycle fluctuations (economic policy mix) 3. Maintaining real value of the currency (price stability/inflation) 4. Sustainable debt levels 5. Balancing Saving Vs Spending 6. Full Employment Rising Living Standards Growth Theory – Study of the long-run growth performance of economies Global econ...
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