This resource from the CIA World Factbook provides a detailed fact sheet of Jamaica. The content covers the country's geography, people, government, economy, communications, transportation, military, and transnational issues. It includes images of maps and the flag.
This resource explains Clause 5 of Article I of the U.S. Constitution by defining specific words and phrases contained within the clause. Also gives historical background to explain the purpose of the Clause.
A general overview of Ireland's economy from the 2003 CIA World Factbook. Information includes GDP statistics, poverty rates, inflation rate, unemployment rate, budget, major industries, imports and exports, and more.
Students simulate the trading of goods between countries. Then they reflect on the challenges of trade between countries.
Read about the great potential in Nigeria's economy which is not being met currently. With vast oil and gas reserves, Nigeria could have a strong economy, but find out from this article what the problems are. Information is from the U.S. State Dept. Background Notes.
Principles of Macroeconomics 2e covers the scope and sequence of most introductory economics courses. The text includes many current examples, which are handled in a politically equitable way. The outcome is a balanced approach to the theory and application of economics concepts. The second edition has been thoroughly revised to increase clarity, update data and current event impacts, and incorporate the feedback from many reviewers and adopters. Changes made in Principles of Macroeconomics 2e are described in the preface and the transition guide to help instructors transition to the second edition. The first edition of Principles of Macroeconomics by OpenStax is available in web view here.
By the end of this section you will be able to:
Explain how exchange rate shifting influences aggregate demand and supply
Explain how shifting exchange rates also can influence loans and banks
By the end of this section, you will be able to:
Explain the aggregate supply curve and how it relates to real GDP and potential GDP
Explain the aggregate demand curve and how it is influenced by price levels
Interpret the aggregate demand/aggregate supply model
Identify the point of equilibrium in the aggregate demand/aggregate supply model
Define short run aggregate supply and long run aggregate supply
In this chapter, you will learn about:
Macroeconomic Perspectives on Demand and Supply
Building a Model of Aggregate Demand and Aggregate Supply
Shifts in Aggregate Supply
Shifts in Aggregate Demand
How the AD/AS Model Incorporates Growth, Unemployment, and Inflation
Keynes’ Law and Say’s Law in the AD/AS Model
By the end of this section, you will be able to:
Explain merchandise trade balance, current account balance, and unilateral transfers
Identify components of the U.S. current account balance
Calculate the merchandise trade balance and current account balance using import and export data for a country
By the end of this section, you will be able to:
Explain real GDP, recessionary gaps, and inflationary gaps
Recognize the Keynesian AD/AS model
Identify the determining factors of both consumption expenditure and investment expenditure
Analyze the factors that determine government spending and net exports
By the end of this section, you will be able to:
Contrast traditional economies, command economies, and market economies
Explain gross domestic product (GDP)
Assess the importance and effects of globalization
