Complete H1 Notes for Macroeconomics

Description

A COMPLETE set of H1 notes on: - Production function & growth accounting - A simple life-cycle model - Firms' profit maximisation & equilibrium - The economy's growth path - Introduction to new growth theory - Business cycle - Economic fluctuations in the life-cycle model - Fiscal policy - Effects of government capital formation - Effects of social security - Money and monetary policy - Inflation - Exchange rates and balance of payments - Financial intermediation Key formulas for the subject are ALWAYS included and are highlighted throughout