Macroeconomic indicators
What Macroeconomic indicators means in Economics A-Level, as defined for AQA.
Definitions of Macroeconomic indicators
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Reference: AQA
A range of measures such as real GDP, the rate of inflation, unemployment and investment, used to identify the various phases of the economic cycle.
Measures of economic performance, of which real national income, usually measured as Real GDP, is a primary one.
Topics that use Macroeconomic indicators
- Economic growth and the economic cycle (AQA A-Level)
- The circular flow of income (AQA A-Level)
Related terms
- Negative output gap
- Aggregate demand
- Aggregate supply
- Asset price bubbles
- Circular flow of income
- Economic fluctuations
- Economic growth
- Economic welfare
Using Macroeconomic indicators in the exam
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