Economics
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
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