IF1203 Macroeconomics

This document covers these certain topics to introduce to the course of Macroeconomics. - Overview of Macroeconomics - How do we measure aggregate economic activity (GDP) - National Output concept - Circular flow of income, output, and expenditure - Examples of measuring GDP in three different methods - Types of final expenditure - Three structures of measuring GDP

IF1203 Macroeconomics Notes, for first-year CASS Business School students, contain an overview of every topic covered within the module. Summarised into a 29-page single document, the notes were prepared using both lecture notes, in-class discussions and core textbook. This student achieved 78% for the exam with an overall module mark of 75.2%. Lecture 1: Introduction to Macroeconomics Lecture 2: A basic model of the determination of GDP Lecture 3: Aggregate Demand and Aggregate Supply ...