Key Macro Topics to Revise for June 2017

Here are some of the key macro topics that I would want my own students to revise for the summer 2017 exams. They are not exam board specific but intended to cover a range of important current topics that might be the focus of a longer essay question.

1. Benefits and costs of globalisation especially for developing countries - click here
2. Pros and cons of free trade for one or more countries - click here
3. Pros and cons of protectionism (including non-tariff barriers) - click here
4. Brexit - UK and the EU - costs and benefits of leaving the EU - click here
5. Benefits and costs of an exchange rate depreciation - click here
6. Evaluating floating versus managed/fixed exchange rates - click here
7. Causes and consequences of a current account deficit - click here
8. Economic implications of deflation - click here
9. Evaluating the effects of continued fiscal policy austerity - click here
10. Assessing the effects of changes in taxation on aggregate demand and supply - click here
11. Evaluating the effects of nearly a decade of low interest rates and quantitative easing - click here
12. Evaluating recent regulations/reforms of financial markets affecting commercial banks - click here
13. Importance of supply-side policies to improve competitiveness - click here
14. Analysis and evaluation of the causes and effects of falling unemployment - click here
15. Evaluating whether growth should be the main objective for developing countries - click here
16. Alternatives to GDP per capita as a measure of living standards / economic wellbeing - click here
17. Evaluating the economic policies that might be used to reduce inequality - click here
18. Evaluating the performance of countries inside the Euro Zone - click here
19. Assessing barriers to development - click here
20. Overview of the key indicators and performance of the UK economy - click here

UK Economy Revision Special - State of the Economy (May 2017)