PES - determinants

PES - definition and curves

Subsidies to correct positive externalities

More technical - indirect taxes to reduce negative externalities

Indirect taxes for negative externalities

Short-run aggregate supply curve

20 Mark Essay Question - the basics

Buffer Stock Schemes - simply explained including the diagram

PAPER 2 SUMMARY (THEME 4 #3) - EXAMS SUMMER 2024 - PRE-EXAM MACRO SUMMARY

PAPER 2 SUMMARY (THEME 4 #2) - EXAMS SUMMER 2024 - PRE-EXAM MACRO SUMMARY

PAPER 2 SUMMARY (THEME 4 #1) - EXAMS SUMMER 2024 - PRE-EXAM MACRO SUMMARY

PAPER 2 SUMMARY (THEME 2) - EXAMS SUMMER 2024 - PRE-EXAM MACRO SUMMARY

PAPER 1 SUMMARY (THEME 3) - EXAMS SUMMER 2024 - PRE-EXAM MICRO SUMMARY

PAPER 1 SUMMARY (THEME 1) - EXAMS SUMMER 2024 - PRE-EXAM MICRO SUMMARY

XED - summary

Calculating a percentage change

YED - summary

Negative Externalities - net welfare loss

Marginal & Average Propensity to Consume

Budget surplus/deficit and national debt

Tradable Pollution Permit Schemes - evaluation

Inflation - definition and how it’s measured

Calculating PED with an example

2021’s shortage of computer chips and semiconductors

Using subsidies where there are positive externalities and market failure

SRAS supply side shocks

Deflation and disinflation

Real v potential economic growth

Tradable Pollution Permit Schemes - diagrams

Tradable Pollution Permits - an overview