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Excel in Economics
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Economics Revision Resources
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Intro to Economics
Macroeconomics
Inflation
Balance of Payments
Fiscal Policy
Monetary Policy
Supply-Side Policies
Government Macroeconomic Objectives
Labor Markets, Unemployment & Employment
International Trade
Microeconomics
Elasticities | PED, PES, XED & YED
Demand and Supply
Consumer Theory | Budgets & Indif Curves
Government Intervention
Theory of the Firm
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
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
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