# Module 1: Macroeconomics
作者：Pepijn Kalis
1. ## Economic Principles
2. - **Origins of economic theories**: pre-modern, early modern, modern
3. - **Keynesian economics**:
3.1. - money supply and the multiplier effect
3.2. - LCR & NSFR
3.3. - Business cycles
3.4. - C+G+I+ (X-M)
3.5. - paradox of thrift
3.6. - MPC/S
3.7. - inflationary / deflationary gap
3.8. - Phillips curve
4. - **Money supply**:
4.1. - Broad and narrow money – measures / constituents
5. - **Economic cycles**:
5.1. - GDP/GNP/GNI
5.2. - economic cycles
6. ## Economic Activity and the Financial Markets
7. - **Markets**:
7.1. - Money markets vs capital markets
8. - **Economic Indicators**:
8.1. - procyclic / countercyclic
8.2. - leading / lagging / coincident
8.3. - balance of payments
9. ## Fiscal and Monetary Policy
10. - **Tax**:
10.1. - principles of tax
10.2. - indirect vs direct
10.3. - types of UK tax
11. - **Exchange rate policy**:
11.1. - Fixed vs floating vs managed floating
11.2. - supply and demand for Sterling
11.3. - Reserve currencies
11.4. - capital controls
12. - **Economic principles**:
12.1. - What is economics?
12.2. - micro vs macro
12.3. - supply and demand
12.4. - factors of production
12.5. - circular flow of the economy
13. - **Classical economics**:
13.1. - invisible hand
13.2. - Say’s law
13.3. - Laffer curve
14. - **Monetarism**:
14.1. - stagflation of ‘70s
14.2. - inflation
14.3. - money supply
14.4. - Quantity Theory of money
14.5. - natural unemployment
15. - **Application of economic theories**:
15.1. - political compromise (US, UK, EU)
15.2. - open vs closed economies
16. - **Microeconomics**:
16.1. - perfect competition
16.2. - monopoly
16.3. - oligopoly
16.4. - information asymmetry
16.5. - economies of scale
17. - **Economic Activity**:
17.1. - Impact of economic trends on asset classes
17.2. - Sectors
17.3. - economic factors affecting equities
17.4. - globalisation
17.5. - offshoring
18. - **Inflation**:
18.1. - measures
18.2. - sources
18.3. - role of MPC
18.4. - target
18.5. - interest rates
18.6. - effect of high and low inflation
18.7. - green inflation
19. - **Foreign exchange**:
19.1. - PPP
19.2. - FX markets
19.3. - international fisher theory
20. - **Fiscal policy**:
20.1. - PSNCR
20.2. - budget surplus/deficit
20.3. - contractionary vs expansionary
20.4. - deflationary/inflationary gap
21. - **Monetary policy**:
21.1. - UK and overseas policy
21.2. - Sterling market operations
21.3. - direct credit controls
21.4. - QE
21.5. - who sets interest rates?
22. - **Macroeconomic stats / economic indicators**:
22.1. - leading / lagging / coincident
