allocation
Topic Notes
Specification
Section(s)
Notes
2 weeks
The circular flow of income and the concept of equilibrium income
3.2.2
6 weeks
Aggregate demand and the level of economic activity
Long run aggregate supply
3.2.3, 3.2.4
The economic cycle
3.2.1
The balance of payments on current account
Exchange Rates
3.2.3
Economic policy and the balance of payments
3.2.4