H1 (86) Exam and Revision Notes + Practice exams notes and tips!

Description

These notes contain useful and condensed notes from the textbook, which is essential to gain a deeper understanding for the subject. Within these notes also contain additional notes from myself that help to clarify any ambiguity in the textbook along with tips to look out for when doing questions throughout the semester and for the exam. The final 2 pages contain notes and tips that can potentially trip you up in the final exam. They contain language you should be using in your explanations to get as many full marks as possible. Topic List: - GDP - CPI & Inflation -Real interest rate - Saving and Wealth - Unemployment - Short-term economic fluctuations - The basic Keynesian model - Fiscal and monetary policy concepts - AD-AS model - Economic growth: Solow-Swan model - PPC and International Trade - Exchange rates - Brief touch upon Balance of Payments Good luck!