These topics are examined in the IAL Unit 2 for Edexcel Economics.
You can find notes for Unit 2 here:
Measures of Macroeconomic Performance
- a) Economic growth
- b) Inflation
- c) Employment and unemployment
- d) Balance of payments
- e) Measures of development - Human Development Index (HDI)
- f) Other measures of development
The Circular Flow of Income
Aggregate Demand (AD)
Aggregate Supply (AS)
The Interaction of AD and AS to Determine Equilibrium
Economic Growth
Macroeconomic Objectives and Policies
