AS Economics Tuesday 8th Jan lesson

A large number of you were preparing for your Business exam today - so you need to be aware of what we covered in today's lesson.

Most importantly be aware that you need to prepare for a practice exam question on Tuesday 15th January, this includes a 30 mark essay question.

To help you with this:

1. Illustrate the likely impact of a cut in Government spending using and AS/AD diagram.
2. Discuss the likely impact of lower inflation on three macroeconomic objectives?