Unit 3.3 · Macroeconomic Objectives
Sustainable National Debt
AO2HL
Syllabus Requirement
Understanding government debt as a percentage of GDP, relationship with budget deficits, and consequences of high debt.
Assessment Objectives
AO2Application and Analysis
HLThis topic is assessed at Higher Level only.
Summary
This topic discusses the concept of sustainable national debt and its significance in macroeconomics. It covers how government debt is measured, the relationship between budget deficits and national debt, and the implications of high government debt levels for economic stability.