IB 10 Individuals & Societies - Economics | 3. Macroeconomics by Abraham | Learn Smarter
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3. Macroeconomics

3. Macroeconomics

26 sections

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Sections

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  1. 1
    Understanding Macroeconomics

    Macroeconomics studies the economy as a whole and examines large-scale...

  2. 1.1

    Macroeconomics is the study of the economy's overall behavior and...

  3. 1.2
    Importance Of Macroeconomics

    Macroeconomics studies the overall performance of an economy, focusing on...

  4. 2
    Major Goals Of Macroeconomics

    Macroeconomics aims to achieve key economic goals including economic growth,...

  5. 2.1
    Economic Growth

    Economic growth refers to the increase in the production of goods and...

  6. 2.2
    Full Employment

    Full employment refers to a condition where all willing and able individuals...

  7. 2.3
    Price Stability

    Price stability refers to maintaining a stable inflation rate to avoid...

  8. 2.4
    Equitable Distribution Of Income

    The equitable distribution of income refers to a fair allocation of wealth...

  9. 2.5
    Balance Of Payments Stability

    This section explores the importance of maintaining equilibrium in the...

  10. 3
    Major Concepts In Macroeconomics

    This section discusses key concepts in macroeconomics, focusing on GDP,...

  11. 3.1
    Gross Domestic Product (Gdp)

    GDP is a critical measure of a country's overall economic performance,...

  12. 3.2

    Inflation is the sustained increase in general price levels, impacting...

  13. 3.3
    Unemployment

    Unemployment refers to the situation when individuals who are willing and...

  14. 3.4
    Fiscal Policy

    Fiscal policy involves government spending and taxation to influence the...

  15. 3.5
    Monetary Policy

    Monetary policy is the process by which a countryโ€™s central bank manages its...

  16. 3.6
    International Trade And Exchange Rates

    This section discusses the significance of international trade and exchange...

  17. 4
    Government And Macroeconomic Policy

    Governments influence macroeconomic stability through various policies...

  18. 4.1
    Budgeting And Public Spending

    This section explains the importance of budgeting and public spending in...

  19. 4.2

    Taxation is a key aspect of the macroeconomic policies that influence...

  20. 4.3
    Subsidies And Support Schemes

    This section discusses subsidies and support schemes as government actions...

  21. 4.4
    Regulatory Measures

    Regulatory measures are essential policies implemented by governments to...

  22. 5
    Current Global Issues In Macroeconomics

    The section discusses significant contemporary macroeconomic challenges...

  23. 5.1
    Global Recession

    Global recession refers to a significant worldwide economic downturn...

  24. 5.2
    Inflation And Interest Rates

    This section examines the relationship between inflation and interest rates,...

  25. 5.3
    Income Inequality

    This section explores the increasing disparity of income levels within and...

  26. 5.4
    Sustainable Development

    Sustainable development embodies the concept of balancing economic growth...

Additional Learning Materials

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