Macroeconomics
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This series ended on February 27, 2025. All 1:1 and group chats related to this series are disabled 7 days after the last session.
About
1. Introduction to Macroeconomics
Difference between Microeconomics and Macroeconomics
Key Macroeconomic Objectives (Economic growth, low unemployment, price stability, balance of payments stability, and income equality)
2. Economic Growth & Development
Definition of GDP, GNP, and Per Capita Income
Causes of Economic Growth (Investment, productivity, innovation)
Consequences of Growth (Prosperity vs. environmental concerns)
Development Indicators (HDI, literacy rate, life expectancy)
3. Inflation & Deflation
Definition & Types of Inflation (Cost-push, demand-pull)
Causes & Effects of Inflation (Purchasing power, interest rates, savings)
Controlling Inflation (Monetary & fiscal policies)
Deflation & its Impacts
4. Employment & Unemployment
Types of Unemployment (Cyclical, structural, frictional, seasonal)
Causes & Effects of Unemployment
Government Policies to Reduce Unemployment
5. Money, Banking, and Interest Rates
Functions of Money
Role of Central Banks (Monetary policy, interest rate control, lender of last resort)
Effect of Interest Rates on Borrowing & Spending
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Aadnya G 🇮🇳
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Just a student juggling JEE, SAT, and board exams while trying to crack the code of effective studying. I have a thing for reading and old nataks. When I'm not buried in textbooks, I'm tutoring, working on my SAT Reading series, or experimenting with better study habits. Always on the lookout for smarter ways to learn.
Schedule
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SESSION 1
27
Feb
SESSION 1
Macroeconomics
Macroeconomics
Thu 12:45 PM - 2:05 PM UTCFeb 27, 12:45 PM - 2:05 PM UTC
Got it! Here's how we can break down IGCSE Macroeconomics for your student in a structured way:
### **1. Introduction to Macroeconomics**
- **Difference between Microeconomics and Macroeconomics**
- **Key Macroeconomic Objectives** (Economic growth, low unemployment, price stability, balance of payments stability, and income equality)
### **2. Economic Growth & Development**
- Definition of **GDP, GNP, and Per Capita Income**
- **Causes of Economic Growth** (Investment, productivity, innovation)
- **Consequences of Growth** (Prosperity vs. environmental concerns)
- **Development Indicators** (HDI, literacy rate, life expectancy)
### **3. Inflation & Deflation**
- **Definition & Types of Inflation** (Cost-push, demand-pull)
- **Causes & Effects of Inflation** (Purchasing power, interest rates, savings)
- **Controlling Inflation** (Monetary & fiscal policies)
- **Deflation & its Impacts**
### **4. Employment & Unemployment**
- **Types of Unemployment** (Cyclical, structural, frictional, seasonal)
- **Causes & Effects of Unemployment**
- **Government Policies to Reduce Unemployment**
### **5. Money, Banking, and Interest Rates**
- **Functions of Money**
- **Role of Central Banks** (Monetary policy, interest rate control, lender of last resort)
- **Effect of Interest Rates on Borrowing & Spending**
### **6. Government & Fiscal Policy**
- **Types of Government Spending** (Capital vs. Current)
- **Taxes & Their Types** (Direct vs. Indirect)
- **Budget Deficits & Surpluses**
- **Government Measures to Control the Economy**
### **7. International Trade & Balance of Payments**
- **Exports & Imports**
- **Trade Barriers (Tariffs, Quotas, Embargoes)**
- **Exchange Rates & Their Impact**
- **Balance of Payments & Trade Deficits**
### **8. Economic Problems & Policies**
- **Income & Wealth Inequality**
- **Sustainable Economic Growth**
- **Environmental Issues in Macroeconomics**