IB Economics SL 3.2.7 Comparing Macroeconomic Models Topic Practice

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Unit 1 Introduction to economics

Unit 2 Microeconomics

Unit 3 Macroeconomics

3.1 Measuring economic activity and illustrating its variations

3.2 Variations in economic activity - aggregate demand and aggregate supply

3.2.1—Aggregate demand

3.2.2—Determinants of aggregate demand

3.2.3—Short-run aggregate supply

3.2.4—Alternative views of aggregate supply

3.2.5—Long-run shifts in aggregate supply

3.2.6—Macroeconomic equilibrium

3.2.7—Comparing macroeconomic models

3.3 Macroeconomic objectives

3.4 Economics of inequality and poverty

3.5 Demand management - monetary policy

3.6 Demand management - fiscal policy

3.7 Supply-side policies

Unit 4 The global economy

IB/Economics/SL//Question Bank/Unit 3 Macroeconomics/3.2 Variations in economic activity - aggregate demand and aggregate supply/3.2.7—Comparing macroeconomic models

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