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Deflation

Deflation

Although governments have the objective of low inflation, it doesn’t necessarily follow that if inflation is bad then the opposite, deflation, is …

Unemployment

Here is the presentation we used in class about Unemployment, including problems, measurement and types.  Don’t forget you also need the relevant …

Aggregate Supply

In the Macroeconomics section of the course the main model we are interested in is the Aggregate Demand (AD) and Aggregate Supply …

Aggregate Demand

Aggregate demand

In the Macroeconomics section of the course the main model we are interested in is the Aggregate Demand (AD) and Aggregate Supply …

Incidence of taxation

One of the forms of government intervention that we look at while studying the microeconomics unit, is the use of taxation.  In …

Deflation

Deflation

As well as studying inflation, it is important that we also study the reverse, i.e. deflation.  It is important that we know …

Measuring national income

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.

Make Poverty History band

The Debt Crisis

One of the major issues facing the developing world is the debt crisis.  It was an issue that was brought to the …

Fight of the century

Fight of the Century

One of the major topics that we need to understand in macroeconomics is the distinction between Keynesian and Neo-Classical ideas, and how …