By the end of this section, you will be able to do the following: Identify the causes and effects of inflation in various economic markets and Explain the significance of a converging economy.

This section provides a summary of the key concepts discusses in Ch. 18: Macroeconomic Policy Around the World from the Texas Gateway AP Macroeconomics online textbook.

In this chapter, you will learn about the following: Diversity of countries and economies across the world, Improving countries' standards of living, Causes of unemployment around the world, Causes of inflation in various countries and...