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Course materials in theories and economic notions

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20 May 2024

Macroeconomics Theory

Course material - 57 pages - Theories and economic notions

A confusion is often made between the level of GDP and the growth of GDP. The growth of GDP is the slope of the blue line while the level of GDP is the relative position of the GDP curve to the trend curve. It's entirely possible for a country to experience strong GDP growth while still...

08 Aug 2021

Introduction to economic principles and terminology

Course material - 20 pages - Theories and economic notions

Economics is currently in a phase of uncertainty: economics is not an exact science. There is a rising trade war between the US and mainly but not only China. The US also has trade disagreements with the EU and its partners in NAFTA (North American Free Trade Association: Canada and Mexico)....