Macroeconomics
Term 2 - Week 1-5
Economic Objective of Full Employment, Price Stability and Economic Growth.
Objectives follow a general format of - Definition, indicators, causes and effects
| Weeks 1-5 - Macroeconomic objectives.doc |
Week 6 - Determination of Price Level and Output
Includes the 5 Sector Circular Flow Model including the impacts of leakages and injections on economic activity
The Business Cycle and how the objectives are met at different phases of the cycle
| Week 6 - Determination of output and price level.docx |
Week 7-8
The AD/Model - Understanding the movements of the curve
The Monetarist AD/AS model
Demand Management Policies - Monetary and Fiscal
| Weeks 7-8 - The AD_AS Model.pdf |
| ADAS Model.pdf |
Week 9-10
Supply Management Polices
| Weeks 9-10 - Supply Management Policy.pdf |