Understanding the Global Economy notes for ECON 151 at the University of Auckland. Written in 2020, these notes are 60 pages long and cover all 11 topics.

  • Class Year
  • 2020
  • Number of Pages
  • 60
  • Staff Rating
  • 4.75/5
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These notes include the lecture notes for Understanding the Global Economy (ECON 151) . Following topics are covered in these notes:

  • Introduction
  • Demand, Supply & Market Equilibrium
  • Applications of the demand and supply model Positive Considerations
  • Applications of the demand and supply model Normative Considerations – externalities
  • Thinking strategically
  • Measuring a nation’s income and the cost of living
  • Saving and Investment in a closed economy
  • Nominal and real exchange rates
  • Saving and investment in an open economy
  • Open economy macroeconomics
  • Money, Aggregate Demand and Aggregate Supply, Monetary and Fiscal Policy

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