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Macroeconomics, (Demand management (demand side policies), The level of…
Macroeconomics
Supply side policies
Market- based supply side policies
What are market-based supply policies
What are the limitations of market based-supply side policies?
What are supply side policies and what are their goals?
Interventionist supply side policies
What are they?
What are the limitations
How are supply-side policies and demand-side connected?
Unemployment
What is unemployment and how do we measure it?
why is it difficult to measure unemployment?
What are the costs of unemployment:?
The main factors affecting the level of unemployment
What is the labor market
What are the causes of unemployment
What is cyclical unemployment
What is structural unemployment
What is fictional unemployment
What is seasonal unemployment?
What is natural rate of unemployment
Are demand side policies or supply side policies more effective in reducing unemployment?
what is crowding out?
Low stable inflation
What is inflation
What are the costs of high inflation
How is inflation masured
What are the issues involved in measuring inflation
What are the causes of inflation
How the government might attempt to reduce inflation
What are the cost of bad deflation
How do u create a weighted price index to calculate inflation?
What is the trade-off between inflation and unemployment (Philips curve)
Economic growth
How do we use diagrams to illustrate growth
What are the consequences of economic growth
how do we measure economic growth
Demand management (demand side policies)
What is fiscal policy
What are the aims of fiscal policy?
What is expansionary fiscal policy
How effective are fiscal policies
Why is a sustainable level of government debt a macroeconomic objective
What are the cost of having high government debt
multiplier effect
What is monetary policy?
What are expansionary monetary policies
How effective are monetary policies?
How commercial banks create money
What determines nominal interest rates
nominal vs real interest rates
The level of overall economic activity
How is national income measured?
What is the difrence between GDP and GNI
Nominal vs real GDP and GNI
Measuring GDP and GNI per capita
What is the business cycle
Other measures of economic well being
Agregated supply
What is long run aggregated supply
Neo classical
Keynesian
What shifts AS and LRAS
What is aggregate supply
What does short-run aggregate supply curve look like
What would shift the SRAS curve
What happens when the AD meets the SRAS in the short-run
Aggregated demand
What causes changes in AD?
Changes in consumption
Changes in investment
Changes in government spending
Changes in net exports
What is AD?
What are the components of AD
What is the shape of AD