top of page
Economics Revision Resources
Search for Notes


Links Between Macroeconomic Problems and Their Interrelatedness
Macroeconomic problems such as inflation, unemployment, balance of payments, and economic growth  are intricately linked, creating...
Excel in Economics
3 min read


Effectiveness of Policy Options to Meet Macroeconomic Objectives
Governments and central banks utilize fiscal, monetary, supply-side, exchange rate, and trade policies  to achieve macroeconomic...
Excel in Economics
3 min read


Policies to Correct Imbalances in the Current Account of the Balance of Payments
A balanced current account is a key objective for economic stability. Persistent imbalances, such as deficits or surpluses, can disrupt...
Excel in Economics
3 min read


National Income Statistics: Meaning, Measurement, and Adjustments
National income statistics are essential tools for understanding a country’s economic performance, living standards, and resource...
Excel in Economics
3 min read


Introduction to the Circular Flow of Income
The circular flow of income illustrates how money, goods, and services move within an economy, connecting households, firms, government,...
Excel in Economics
3 min read


Exchange Rates: Meaning, Determination, and Impact on the Economy
Exchange rates play a vital role in international trade and macroeconomic stability. They determine the value of one currency in terms of...
Excel in Economics
4 min read


Current Account of the Balance of Payments: Components, Imbalances, and Implications
The current account of the balance of payments is a vital indicator of a country’s economic health. It records transactions related to...
Excel in Economics
3 min read


Supply-Side Policy: Definition, Objectives, Tools, and Impact
Supply-side policies focus on increasing an economy's productive capacity by improving efficiency, productivity, and competitiveness....
Excel in Economics
3 min read


Aggregate Demand and Aggregate Supply: An In-Depth Analysis
Aggregate Demand (AD) and Aggregate Supply (AS) are foundational concepts in macroeconomics, providing a framework for understanding the...
Excel in Economics
6 min read
bottom of page