End of Term 2017 – Prep for Year 13 – Globalisation

Globalisation Resources

Slides for Globalisation

REVISION – MARCH 2017

Theme 2 revision March 2017

Graphs of Economic Variables_Revision Lesson April 2017_

 

1.1.1 Introduction to Edexcel Macroeconomics, Theme 2 (“The UK Economy – performance and policies”)

Economics_Introduction_Theme 2_JF

1.1.2 Economic Growth & Circular Flow of Income Part 1

theme-2-economic-growth-circular-flow-of-income-part-1

1.1.3 Closer View of Circular Flow of Income (Part 2)

Circular-flow-of-income (part-2)

Circular-flow-of-income-review-and-example

Purchasing-power-parity

ppp-bigmacs-and-market-fx-rates

Homework-y12-economic-growth

2.1.1 Introduction to Inflation

Inflation-intro-who-wins-and-loses

Inflation-intro-and-measurement

3.1.1 Introduction to Employment, Unemployment and Underemployment

Causes-of-unemployment

Measuring-unemployment

4.1.1 Balance of payments

Intro to balance of payments

5.1.1 Macro Objectives and Aggregate Demand

Macro-economic-objectives-and-intro-to-ad

6.1.1 Consumption

Consumption

7.1.1 Investment

Investment

8.1.1 Government

Government

9.1.1 Net Exports (X-M)

Net-exports

10.1.1 Aggregate Supply

aggregate-supply

11.1.1 Multiplier

Multiplier

12.1.1 Output Gap – start of Spring Term

Output Gaps

13.1.1 Trade Cycle (building on Output Gaps)

Trade cycle

14.1.1 Causes of Economic Growth

Causes Of Economic Growth

15.1.1 Costs, Benefits of Economic Growth

(Topic for debate: “Economic Growth has NOT made the world a happier place”)

Costs and benefits of growth

Economic growth has NOT improved happiness

Economic growth and happiness NOT correlated

Economic growth has made the world a happier place

Economic growth HAS made the world a happier place_

16.1.1 Inflation Causes and Impact

Causes, costs & benefits of Inflation

17.1.1 Current Account Imbalance – causes and impacts

(Note builds on 4.1.1 Balance of Payments)

Current account deficit & surplus

18.1.1 Macroeconomic Objectives (refresher & used as reference on course)

Macroeconomic Objectives

19.1.1 Demand Side Policies (Monetary and Fiscal)

Monetary Policy

Fiscal Policy

20.1.1 Supply Side Polices

Supply Side Policies

21.1.1 Macroeconomic Policy Conflicts (Phillips Curve)

Unemployment and Inflation