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14.08.2008
We now turn to focus to the effects of exchange rates on the macroeconomy and in particular to the economics of fixe ...
Added by: LadyAngelPL
Category: Revision note
Course: Economics and Business
14.08.2008
A central issue in macroeconomics is whether or not markets, left alone, automatically bring about long run economic ...
Added by: LadyAngelPL
Category: Revision note
Course: Economics and Business
14.08.2008
Increasing attention is now being placed on deflationary pressures in modern economies. What causes deflation and wh ...
Added by: LadyAngelPL
Category: Revision note
Course: Economics and Business
14.08.2008
The basic causes of inflation were covered at AS level. This note considers the demand and supply-side courses in mo ...
Added by: LadyAngelPL
Category: Revision note
Course: Economics and Business
14.08.2008
The essence of the Phillips Curve is that there is a short-term trade-off between unemployment and inflation. But t ...
Added by: LadyAngelPL
Category: Revision note
Course: Economics and Business
14.08.2008
At A2 level, students are expected to understand the idea of an equilibrium rate of unemployment. We now turn to the c ...
Added by: LadyAngelPL
Category: Revision note
Course: Economics and Business
14.08.2008
How well off are we compared to recent years and in comparison with people in other countries? What do we actually mea ...
Added by: LadyAngelPL
Category: Revision note
Course: Economics and Business
14.08.2008
Over the years, economists from different schools of thought have had plenty to say on what really drives economic growt ...
Added by: LadyAngelPL
Category: Revision note
Course: Economics and Business
14.08.2008
In this note we consider the Keynesian theory of investment and look at some of the evidence on business investment spen ...
Added by: LadyAngelPL
Category: Revision note
Course: Economics and Business
14.08.2008
The economic cycle All countries experience business cycles (sometimes known as trade cycles) where the rate of growth ...
Added by: LadyAngelPL
Category: Revision note
Course: Economics and Business
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