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Home › Economics Revision › OCR A-level › Macroeconomics

Macroeconomics

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This component is examined in A-Level 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
1.5 The multiplier and the accelerator

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
2.7 Income distribution and welfare
2.8 The Phillips Curve

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 3.3 Supply-side policy

The Global Context

4.1 International trade
4.2 Exchange rates
4.3 Globalisation
4.4 Trade policies and negotiations

The Financial Sector

5.1 Money and interest rates
5.2 The financial sector
5.3 Financial regulation

Definitions

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

Definitions flashcards:

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

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