Syllabus Content
- Low unemployment - The meaning of unemployment; Consequences of unemployment & Types and causes of unemployment
- Low and stable rate of inflation - the meaning of inflation, disinflation and deflation; Consequences of inflation; Consequences of deflation; Types and causes of inflation; Possible relationships between unemployment and inflation (HL only)
- Economic growth - the meaning of economic growth; causes of economic growth & consequences of economic growth
- Equity in the distribution of income - The meaning of equity in the distribution of income; Indicators of income equality/inequality; poverty; The role of taxation in promoting equity; Other measures to promote equity & the relationship between equity and efficiency
Triple A Learning - macroeconomic objectives
Triple A Learning - macroeconomic objectives questions
Useful Links