2.Diff
3.Imp
4.Key
, 1.Types o
2.Measur
3.Causes
4.Unemp
5.Phillips
6.Practica
7.Quiz With
, 1.Classic
2.Keynes
3.IS-LM
4.AD-AS
5.Practic
6. Quiz Wi
,1.1 What is Macroeco
Definition:- Macroec
entire economy. U
macroeconomics loo
national income.
Historical Context:
, Mic
– Microeconomic
🏠 Household
🛒 Consumer s
🏢 Small firm/s
Label: Focus on in
and firms
1.3 Importance of
Economic For
,1.6 Economic Mo
Circular Flow Mo
and government
AD-AS Model: Ex
IS-LM Model: Sho
money markets
,2.1 Introduction to
Definition:-Nation
by a country over
performance and
Importance:-
Measures econ
,2.2.5 PI – Person
Income recei
Formula: PI =
payments
Example: NI =
Corporate tax
Observation: Sho
2.2.6 DI – Dispos
Income availa
, 2.5 Limitations o
Ignores non-m
Does not acco
Does not mea
Hard to meas
Mini Case Study:
High GDP doe
concentrated
2.6 Practical Exer