The macroeconomics formula sheet for quick revision
All the key formulas and diagrams from macroeconomics on four pages. Use it for last-minute revision before UGC NET, RBI Grade B, GATE and PGT exams.
- GDP, inflation and unemployment formulas
- Goods market, the multiplier and the IS curve
- Money demand, interest rates and the LM curve
- The IS–LM model with fiscal and monetary policy
Four pages, four topics
Basics
Nominal and real GDP, the GDP deflator, unemployment rate, inflation, Okun's law and the Phillips curve.
The goods market
Composition of GDP, the consumption function, equilibrium output and the multiplier.
Financial markets
Demand for money, bonds and interest rates, banks, the central bank and the liquidity trap.
The IS–LM model
Putting the IS and LM curves together, plus fiscal policy, monetary policy and the policy mix.
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