IBEconomicsDPHL3. Macroeconomics

3. Macroeconomics (DP IB Economics)

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3.1 Measuring Economic Activity

  1. National Income & the Circular Flow of Income
  2. National Income Terminology & Calculations
  3. The Business Cycle
  4. Appropriateness of Using GDP/GNI to Measure Well-being
  5. Alternative Measures of Well-being

3.2 Variations in Economic Activity (AD & AS)

  1. Aggregate Demand (AD)
  2. Short-run Aggregate Supply (SRAS)
  3. Alternative Views of Aggregate Supply (AS)
  4. Shifts of the Long-run Aggregate Supply (LRAS)
  5. Macroeconomic Equilibrium

3.3 Macroeconomic Objectives

  1. An Introduction to Macroeconomic Objectives
  2. Economic Growth
  3. Low Unemployment
  4. Low & Stable Rate of Inflation
  5. Sustainable Levels of Government Debt
  6. Potential Conflicts Between Macroeconomic Objectives

3.4 Inequality & Poverty

  1. Measuring Inequality & Poverty
  2. Causes Of Inequality & Poverty
  3. Using Taxation to Reduce Inequality & Poverty
  4. Other Policies to Reduce Inequality & Poverty

3.5 Demand Management: Monetary Policy

  1. An Overview of Monetary Policy
  2. The Tools of Monetary Policy

3.6 Demand Management: Fiscal Policy

  1. An Overview of Fiscal Policy
  2. The Keynesian Multiplier
  3. An Evaluation of Fiscal Policy

3.7 Supply-Side Policies

  1. An Overview of Supply-Side Policies
  2. The Effectiveness of Supply-Side Policies

3.1 Measuring Economic Activity

  1. Exam Questions

3.2 Variations in Economic Activity (AD & AS)

  1. Exam Questions

3.3 Macroeconomic Objectives

  1. Exam Questions

3.4 Inequality & Poverty

  1. Exam Questions

3.5 Demand Management: Monetary Policy

  1. Exam Questions

3.6 Demand Management: Fiscal Policy

  1. Exam Questions

3.7 Supply-Side Policies

  1. Exam Questions
DP IB Economics Past Papers