Period 1 12 EC Answer exam-style questions: using current data (google pink book) what is meant by a trade deficit (4 marks) Analyse two causes of a trade deficit (8 marks)
Period 3 12 Ec Using Powell study Chapter on balance of payments, be prepared to recreate basic outline of the current account and define each section in next lesson.
Period 3 12 Ec Using Powell study Chapter on balance of payments, be prepared to recreate basic outline of the current account and define each section in next lesson.
13EC C
ECON 3 - Study perfect competition in short run
making abnormal loss/profit and movement to long run equilibrium, be prepared to
present this analysis to rest of class on Thursday.
ECON 4 - Monetarism: Answer essay question:
Evaluate the likely effectiveness of monetary policy in the
management of the
economy in the light of the current economic
climate.
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