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External environment - Economic indicators

Theories

In this section, we look at theories relating to the various economic indicators. If you haven't looked already, it may be worth having brief look at the explanation section to see what all the key economic indicators mean. In this section we focus on how the various indicators are measured and why they may be important to businesses.

Choose the theory you would like to look at below:

  • Unemployment - how is unemployment measured and what determines its level?
  • Inflation - how is inflation measured and what causes it?
  • Impact of inflation - what effects does inflation have on consumers and the economy?
  • Economic growth - how is economic growth measured and what contributes to it?