Macro Economics Revision

[Admin]

https://www.youtube.com/user/pajholden#p/u
http://www.tutor2u.net/economics/presentations.html
http://www.tutor2u.net/economics/revision-notes/index.html

[b]This section is for all your Macro Economic questions i.e. the Big 4 Macro Objectives, government policy and international trade. Above are a number of useful links to help your revision. Use them!

I will check the forum a number of times over the holidays and answer all your questions. Good luck!

[Admin]

For those people struggling to make a start here are some tips;
1. Maybe use exam command word e.g. define, explain or outline
2. Maybe your question is simple e.g. 'who is' or 'how does'
3. Feel free to ask me more complicated questions like 'evaluate x' or 'which is better for solving x, y or z?'

Remember your questions and my answers will undoubtedly benefit someone else who is reading the forum.

[Rossington]

Got a few questions for ya sir!

• See in an AS and AD graph, Real GDP is Y, is that because it stands for yield?

• Are there any benefits or disadvantages that come from having a large consumer surplus?

• What is the point in looking at consumer and producer surplus? What do we gain from know how large/small it is?

• How closely are inflation and unemployment linked?

Wheres everyone elses questions?

Balley Nah dead...

[Nathan.]

1) What are the different types unemployment? (Seasonal, structural etc)


2) Why is it hard to calculate a economies growth?


3) For questions like, 'Comment on this economists views' Do we need to either agree or disagree with what they are saying?

[Sampson]

I couldn't really think of 3 questions however, i will make a contribution and my question Relates back to nathan's question about the different types of unemployment, what are the different types of unemployment and how are they different from each other?

[j.moore]

i kinda agree with ashly !! ,,, my own knowledge is not broad enough to be asking any in depth questions, i can probly get some answers from my revision..... but i wana make a contribution, ... simple questions but important answers:

. Why is it REAL National Income......... not just national income?

. How do interest rates affect consumption?

.What is Quantative Easing?

.OH YEH n why does Allister Darling always carry a really old briefcase outside No. 10?

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