Unit 3: The National and International Economy
Notes
Introduction- GDP and economic growth
- Privatisation
- Growth questions
- Economic growth poster
- Measuring standard of living (Outline notes)
- Measuring standard of living (Question answer)
- Unemployment
- Unemployment and the trade cycle presentation
- Balance of Payments
- Aggregate demand
- Exercise on shifts in aggregate demand
- Questions on aggregate demand and aggregate supply
- Aggregate supply
- Using fiscal policy to manage the economy
- 08/03/2004: UK history of growth and interest rates
- 15/03/2004: Exchange rates
- 22/03/2004: Supply side policies
- 29/03/2004: Managing the economy
- 12/04/2004: Trade
- 29/04/2004: Composition, sources and destinations of UK imports and exports
- 03/05/2004: Protectionism in Kenya
Past paper answers
- 13/05/2004: Extended writing questions [one worked answer]