Andrew Tibbitt

year 12 wace economics andrew tibbitt australia monetary policy business cycles economic cycles foreign equity foreign debt foreign liabilities aggregate demand recession boom australian dollar exchange rate terms of trade capital and financial account current account balance of payments accounts producer surplus consumer surplus gains from trade international trade dynamic gains wa keynes multiplier process transmission process aggregate expendture keynesian cross interest rates evaluation structural change tariffs total factor productivity multifactor productivity labour productivity productivity recent changes stance cash rates effectiveness fiscal policy economic performance macroeconomic objectives equilibrium neo-classical keynesian aggregate supply globalisation