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Economic development

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50.1 How economies are classified in terms of development and national income 50.2 Other indicators of living standards and economic development (HDI, ME W, MPI, Kuznets curve) 50.3 Comparison of economic growth rates and living standards

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Effectiveness of policy options to meet all macroeconomic objectives

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47.1 Effectiveness of fiscal policy relation to different macroeconomic objectives 47.2 Effectiveness of monetary policy in relation to different macroeconomic objectives

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Employment and Unemployment

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43.1 Full employment 43.2 Equilibrium & Disequilibrium unemployment 43.3 Equilibrium unemployment 43.4 Natural rate of unemployment 43.5 Patterns an d trends in unemployment 43.6 Patterns and trends in employment 43.7 Forms of labor mobility 43.8 Policies to reduce unemployment

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Links between macroeconomic problems and their interrelate

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46.1 Relationship between internal and external value of money 46.2 Relationship between balance of payments and inflation 46.3 Relationship between gr owth and inflation 46.4 Relationship between growth and Balance of payments 46.5 Relationship between inflation and unemployment

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Characteristics of countries at different levels of development

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51.1 Population growth and structure 51.2 Income distribution (Gini coefficient, Lorenz curve) 51.3 Economic structure (Pattern of trade at different l evels of employment)

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Exchange rates

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49.1 Measurement of exchange rates 49.2 Determination of exchange rates 49.3 Revaluation and devaluation of a fixed exchange rate 49.4 Changes in the exchange rate underdifferent exchange rate systems 49.5 The effects of changing exchange rates on the external economy

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Government macroeconomic policy objectives

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45.1 Inflation 45.2 Balance of payments 45.3 Unemployment 45.4 Economic growth 45.5 Economic development 45.6 Sustainability 45.7 Redistribution of wealth and income

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Policies to correct disequilibrium in Balance of Payments

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48.1 Components of Balance of Payments 48.2 Effect of fiscal, monetary, supply-side, protectionist and exchange rate policies on BOP 48.3 Expenditure-s witching and expenditure-reducing policies

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Relationship between countries at different levels of development

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52.1 International aid 52.2 Trade and Investment 52.3 The role of multinational companies 52.4 Causes and consequences of external debt 52.5 Role of International Monetary Funds and Worldbank

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