Cambridge AS & A Level Economics
10.2Links between macroeconomic problems and their interrelatedness
Links between macroeconomic problems and their interrelatedness in Cambridge AS & A Level Economics: what the syllabus expects you to know, the learning objectives and how to practise.
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Learning objectives
What the syllabus expects you to be able to do.
- 10.2.1Explain the relationship between the internal and the external value of money.
- 10.2.2Explain the relationship between the balance of payments and inflation.
- 10.2.3Explain the relationship between growth and inflation.
- 10.2.4Explain the relationship between growth and the balance of payments.
- 10.2.5Explain the relationship between inflation and unemployment: the traditional and the expectations-augmented (short- and long-run) Phillips curves.
Lessons
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Links between macroeconomic problems and the Phillips curve
60 min
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