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In this chapter you will learn how to: explain the government policy objective of stability of the current account analyse the effect of fiscal, mo...
AS Economics (Section 6)
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In this chapter you will learn how to: define the meaning of an exchange rate explain how a floating exchange rate is determined explain the differ...
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In this chapter you will learn how to: explain the components of the current account of the balance of payments calculate the balance of trade in g...
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AS Economics (Section 6)
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In this chapter you will learn how to: define the meaning of protectionism as it relates to international trade explain the different tools of prot...
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AS Economics (Section 6)
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In this chapter you will learn how to: explain the difference between absolute and comparative advantage explain the benefits of specialisation and...
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In this chapter you will learn how to: define the meaning of supply-side policy in terms of its effects on LRAS curves explain the objectives of su...
AS Economics (Section 5)
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In this chapter you will learn how to: define the meaning of monetary policy explain the main tools of monetary policy, including interest rates, t...
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AS Economics (Section 5)
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In this chapter you will learn how to: define the meaning of fiscal policy define the meaning of a government’s budget explain the difference betwe...
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AS Economics (Section 5)
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In this chapter you will learn how to: explain a government’s macroeconomic policy objective of price stability explain a government’s macroeconomi...
3 Lectures
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