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Module

National Income, Growth and the Business Cycle

Measuring GDP, aggregate demand and supply, the multiplier, business cycles and long-run growth.

Educational material, not professional, tax or legal advice. Figures reflect Irish law as understood when written — check Revenue.ie or a qualified adviser before acting. Not affiliated with or endorsed by any professional body.

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  • 01The aims of macroeconomic policy
  • 02Measuring GDP
  • 03The expenditure components of GDP
  • 04Nominal and real GDP
  • 05GDP, GNI and modified GNI in Ireland
  • 06GDP and living standards
  • 07Aggregate demand
  • 08Aggregate supply in the short and long run
  • 09Macroeconomic equilibrium
  • 10The multiplier
  • 11The business cycle
  • 12Consumption and saving
  • 13Investment and the accelerator
  • 14Long-run economic growth
  • 15Productivity
  • 16Growth and sustainability
  • 17Congratulations on completing the module