detailed explanation of supply side policies

Fiscal and monetary policies-

bundle of 2 powerpoints detailing government macro objectives and the conflicts that arise

costs and benefits of economic growth- output gaps. Spec 2.3.5

Detailed explanation of causes of economic growth Spec 2.3.5

explanation of the workings of the multiplier

Explaining equilibrium levels of real national income using AD/AS Spec 2.3.4

Explanation of the circular flow of income. Spec 2.3.4

Detailed explanation of Aggregate Supply- Long run and Short run. Classical and Keynesian models

Government Expenditure and Net Trade Balance as components of AD. Spec 2.3.2

Detailed explanation of Investment and multiplier effect

Detailed explanation of Consumption as a component of AD. Spec 2.3.2

Characteristics of Aggregate Demand Spec 2.3.2

Detailed explanation of the causes and consequences of Inflation using Aggregate Demand and Aggregate Supply. Spec 2.3.1

Detailed explanation of unemployment causes and consequences using Aggregate Demand . Spec 2.3.1

Introduction to Balance of Payments Spec 2.3.1