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    Macro is often very hard to get your head around - and even harder to get the latest data/trends (textbooks are out of date).

    There are some free macro presentations here that might help

    http://www.tutor2u.net/flash_econ_as.html

    Jim
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    (Original post by Jim Riley)
    Macro is often very hard to get your head around - and even harder to get the latest data/trends (textbooks are out of date).

    There are some free macro presentations here that might help

    http://www.tutor2u.net/flash_econ_as.html

    Jim
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    (Original post by Ellie4)
    I've got an economics q too actually: Assess how the sterling exchange rate might have contributed to the lowest rate of inflation for 40 years. My mind's just gone blank!
    Working backwards

    Low inflation can come from low AD, (AD shifts left, price level falls)
    coming from low exports and high imports, (AD = C + I + G + X - M)
    meaning the exchange rates are high, (exports appear more expensive to foreigners, imports appear cheaper to us)
 
 
 

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