2.1.2 Macroeconomic indicators
x

Reading the economic dashboard

Reading the economic dashboard

Dashboard showing real GDP growth, CPI inflation, unemployment rate, and current account balance linked to rising aggregate demand, plus a business cycle chart with positive and negative output gaps labelled A macroeconomic indicator is a statistic used to judge the performance of the whole economy. The figure shows why economists use a dashboard approach: stronger demand can improve growth and unemployment, but it can also create inflation and external pressure.

2.1.2 Macroeconomic indicators Lesson

  1. A Level
  2. /Economics
  3. /2.1.2 Macroeconomic indicators