Macroeconomics

Macroeconomics is a subfield of economics that focuses on the study of the economy as a whole, including factors such as inflation, unemployment, and economic growth. In A-Level Economics, students learn about key macroeconomic concepts, theories, and models that help explain how the economy operates and how governments and policymakers can use policy tools to manage economic performance. Topics covered may include national income accounting, aggregate demand and supply, monetary and fiscal policy, international trade, and economic development.