In the first part of the macroeconomics section of the syllabus we looking at how we can measure national income and the circular flow of income. We have looked at the circular flow of income as a model to understand how we can measure the level or flow of income in an economy.
One of the major topics that we need to understand in macroeconomics is the distinction between Keynesian and Neo-Classical ideas, and how …
Economic growth is one of the areas we study in relation to government macroeconomic objectives. It is important to be able to …
There have been a number of articles in the news recently about what is happening in the Chinese economy relating to the …
In Economics there are many terms which you need to learn, understand and be able to define. In our classroom there are …
The website Econstories.tv has produced a rap video about the arguments of Keynes and Hayek. It gives a good summary of the …
The difference between nominal and real data is an important distinction. The two links above show the amount of revenue generated by …
East African trade agreement Article about a move towards a common market in East Africa Deflation returns to Japan Article about a …