Unit 4: The Global Economy - Promoting Economic Growth & Development Breaking the Cycle of Poverty! Developing countries face numerous interconnected barriers that prevent economic growth and development—economic constraints like
Unit 4: The Global Economy - Economic Development Beyond GDP: Measuring True Development! Economic development goes far beyond simply increasing GDP. While economic growth measures the expansion of output, economic
Unit 4: The Global Economy - Exchange Rates & the Balance of Payments Understanding International Finance! Exchange rates and the balance of payments are fundamental to understanding how countries interact
Unit 4: The Global Economy - Economic Integration The Era of Economic Integration! In an increasingly interconnected world, countries are moving beyond simple bilateral trade to form deeper economic relationships
Unit 4: The Global Economy - Free Trade & Trade Protection Understanding International Trade! International trade is fundamental to the modern global economy, allowing countries to specialize, access a wider
Unit 3: Macroeconomics - Supply-Side Policies Long-Run Economic Growth Through Supply-Side Policies! While monetary and fiscal policies focus on managing aggregate demand in the short run, supply-side policies aim to
Unit 3: Macroeconomics - Monetary Policy & Fiscal Policy Managing the Economy Through Policy! Governments and central banks use two main tools to influence macroeconomic performance: monetary policy and fiscal
Unit 3: Macroeconomics - Inequality & Poverty Understanding Economic Justice! While economic growth increases total output, it doesn't guarantee that prosperity is shared equally. Income and wealth inequality, along with
Unit 3: Macroeconomics - Macroeconomic Objectives Understanding Macroeconomic Goals! Governments pursue multiple macroeconomic objectives to improve the economic welfare of their citizens. The three primary objectives are economic growth, low
Unit 3: Macroeconomics - Economic Output, AD & AS Welcome to Macroeconomics! This unit shifts focus from individual markets (microeconomics) to the economy as a whole. You'll learn how to