Study Notes
Macroeconomics Abbreviations
- Level:
- AS, A-Level
- Board:
- AQA, Edexcel, OCR, IB
Last updated 21 Mar 2021
A selection of abbreviations commonly used when writing macroeconomics essays and other assignments.
- ASEAN Association of Southeast Asian Nations
- BRICS Brazil, Russian Federation, India, China, and South Africa
- ECB European Central Bank
- EM emerging market economies
- EU European Union
- FDI foreign direct investment
- FM frontier markets
- FTA free trade agreements
- GDP gross domestic product
- IMF International Monetary Fund
- LDC least developed country
- LIC low-income country
- MIMT Mexico, Indonesia, Malaysia, and Turkey
- MRTA mega-regional trade agreements
- NAFTA North America Free Trade Agreement
- NTM non-tariff measures
- ODA official development assistance
- OECD Organisation for Economic Co-operation and Development
- OPEC Organization of the Petroleum Exporting Countries
- PPP purchasing power parity
- REER real effective exchange rate
- RTA Regional Trade Agreements
- SSA Sub-Saharan Africa
- TFP total factor productivity
- TPP Trans-Pacific Partnership
- T-TIP Transatlantic Trade and Investment Partnership
- WTO World Trade Organisation
You might also like
Which country has the biggest economy?
15th October 2014
Benefits and Costs of Globalisation
Study Notes
International Trade
Study Notes
Balance of Payments - Trade Imbalances
Study Notes
Competitiveness
Study Notes
What is Macroeconomics?
Study Notes