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Home › Economics Revision › OCR A-level › AS Macroeconomics

AS Macroeconomics

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This component is examined in AS Paper 2 for OCR Economics. You can find notes for it below:

Notes

Contextual Analysis

Aggregate Demand and Aggregate Supply

1.1 Circular flow of income
1.2 Aggregate demand (AD)
1.3 Aggregate supply (AS)
1.4 The interaction of aggregate demand and supply

Economic Policy Objectives

2.1 Economic growth
2.2 Development
2.3 Employment
2.4 Inflation
2.5 Balance of payments
2.6 Trends in macroeconomic indicators

Implementing Policy

3.1 Fiscal policy
3.2 Monetary policy
3.3 Supply side policy
3.4 Policy conflicts
NEW 3.1 Fiscal Policy
NEW 3.2 Monetary policy
NEW 3.2 Supple-side policy

The Global Context

4.1 International trade
4.2 Exchange rates

Definitions

1. Aggregate Demand and Aggregate Supply
2. Economic Policy Objectives
3. Implementing Policy
4. The Global Context

Definitions flashcards:

1. Aggregate Demand and Aggregate Supply
2. Economic Policy Objectives
3. Implementing Policy
4. The Global Context

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