Unit 4: The Global Economy - Promoting Economic Growth & Development Understanding Barriers to Development and Strategies for Economic Growth Introduction: The Development Challenge Despite global economic growth, billions of
Unit 4: The Global Economy - Economic Development Understanding Development Indicators and the Difference Between Growth and Development Introduction: Economic Growth vs. Economic Development Economic Growth Definition: An increase in
Unit 4: The Global Economy - Exchange Rates & Balance of Payments Understanding Currency Markets and International Financial Flows Introduction: The International Financial System When countries trade goods, services, and
Unit 4: The Global Economy - Economic Integration Understanding Trade Agreements, Trading Blocs, Monetary Unions, and the WTO Introduction: What is Economic Integration? Economic integration refers to the process by
Unit 4: The Global Economy - Free Trade & Trade Protection Understanding International Trade Theory and Trade Policy Introduction: Why Countries Trade International trade is the exchange of goods and
Unit 3: Macroeconomics - Supply-Side Policies Understanding Long-Run Economic Growth Through Supply-Side Interventions Introduction: What Are Supply-Side Policies? Supply-side policies are government interventions designed to increase the productive capacity of
Unit 3: Macroeconomics - Monetary & Fiscal Policy Understanding Government Tools for Economic Stabilization Introduction: Demand-Side Policies Demand-side policies are government actions aimed at influencing aggregate demand (AD) to achieve
Unit 3: Macroeconomics - Inequality & Poverty Understanding Equality, Equity, Poverty, and Policy Solutions Introduction: Why Inequality and Poverty Matter While markets efficiently allocate resources, they often produce outcomes that
Unit 3: Macroeconomics - Macroeconomic Objectives Understanding Economic Growth, Unemployment, Inflation, and Sustainability Introduction: The Four Main Macroeconomic Objectives Governments pursue several key macroeconomic objectives to improve the economic well-being
Unit 3: Macroeconomics - Economic Output, AD & AS Understanding Economic Activity, Business Cycles, and Aggregate Demand-Supply Analysis Introduction: Macroeconomics vs. Microeconomics Macroeconomics studies the economy as a whole, focusing