The Data of Macroeconomics macro. Important issues in macroeconomics Why does the cost of living keep rising? Why are millions of people unemployed,
C H A P T E R 1. This chapter introduces you to the issues macroeconomists study the tools macroeconomists use some important concepts in macroeconomic.
MACROECONOMICS IN ONE POWERPOINT MEASURING THE ECONOMY- GDP ASSESSING THE ECONOMY- STATISTICS BUSINESS CYCLES DEFICITS/SURPLUSES AND DEBT What can and.
MODULE 1: CONCEPTS ECONOMIC METHODOLOGY & THE ECONOMISING PROBLEM MEASUREMENT - GDP, UNEMPLOYMENT & INFLATION.
AD/SRAS overview Aggregate Demand – Total spending on goods and services in the economy. – A change in C, I, G, or Xn causes a change in AD – PL and output.
Economic Beliefs and Economic Attitudes: Results from Principles of Economics Dan Settlage, Latisha Settlage, & Jim Wollscheid University of Arkansas –
The Credit Crunch… Q. Why didn’t the little boy get any pocket money this week? A.Cos his mum’s gone to Iceland! Q. What’s the difference between an investment.
World War II. Germany has to cede Alsace-Lorraine to France Germany has to cede coal mines in Saar to France Germany has to cede West-Prussia and all.
Review of the previous Lecture Macroeconomics is the study of the economy as a whole, including growth in incomes changes in the overall level of prices.
Jon Faust and Jonathan Wright. Forecasting Inflation A horse-race of forecasting methods for US inflation Conditional forecasts Market-based forecasts.
Chapter 4: A First Look at Macroeconomics
International Trade AP Macroeconomics. Where did we come from? Previously, we learned about the trade-off between unemployment & inflation as well as.