2.1 Measures of economic performance
2.2 Aggregate demand (AD)
- 2.2.1 The characteristics of AD
- 2.2.2 Consumption (C)
- 2.2.3 Investment (I)
- 2.2.4 Government expenditure (G)
- 2.2.5 Net trade (X-M)
2.3 Aggregate supply (AS)
2.4 National income
- 2.4.1 National income
- 2.4.2 Injections and withdrawals
- 2.4.3 Equilibrium levels of real national output
- 2.4.4 The multiplier
2.5 Economic growth
- 2.5.1 Causes of growth
- 2.5.2 Output gaps
- 2.5.3 Trade (business) cycle
- 2.5.4 The impact of economic growth
2.6 Macroeconomic objectives and policies