Monday 18 November 2013

Aggregate Supply independent notes

Please make full notes on the area of AS from the presentation attached below:

http://www.slideshare.net/aquinaseconomics/aggregate-supply

Be sure to include relevant details upon both theorists.

Sunday 13 October 2013

Monday 14th - Aggregate demand lesson link

Please make notes on the causes of Aggregate Demand and it's affect upon the economy using the presentation linked below:

http://www.tutor2u.net/economics/chartrooms/aggregatedemand/player.html

This must be done within the lesson time.

Thursday 4 July 2013

Yr.12 Economics Summer study work

Very well done in your induction session today class, looking forward to hopefully seeing you all in September.

In the meantime, your summer study is to complete the following task in preparation for September:

Write a brief commentary (at least one side of A4) of the importance of economist Adam Smith. You should focus upon his approach and theory and economics. 

Wednesday 3 July 2013

Economics Summer reporting - Yr.13

During the summer period it is very likely that you will hear about a number of key economic developments both in the UK and other EU member countries.

In preparation for Yr.13 studies it is vital that you begin to work towards extended essay answers and use of actual data (graphs and statistics) as this is required for your final examinations.

Using the links below as a stimulus, you need to provide a commentary as to why you think these situations occurred and which other macroeconomic indicators could be affected. You should consider at least the following indicators:
  • GDP
  • GNP
  • Inflation
  • Interest rates
  • Employment labours
  • Aggregate Supply and Demand of the national economy

You will need to provide a commentary, at least a side of A4 for the following:

Inflation in the UK:


Hyperinflation in Zimbabwe:






Thursday 28 February 2013

Yr.12 Economics - Balance of Payments (BOP) report.

You have until the 8th March to research and prepare a word produced report that documents the importance of Balance of Payments as a measure of an economies growth or decline. 

Within your report you should aim to cover the following points:

What is the Balance of Payments?

Measuring the current account

Trade in goods (what's included) 

Trade in services (what's included)

What does a current account deficit mean?

What are the main causes of a current account deficit?

The Exchange rate and the Balance of Payments

Countries with current account surpluses AND an explanation as to why

Economic Policies to Improve the Balance of Payments


For further help and related articles, please follow @allum_business on Twitter. 

Thursday 7 February 2013

Yr.12 Inflation project

Please use the presentation attached to the link below to guide you through your inflation projects. This must be created in a word document and not using PowerPoint software.

https://docs.google.com/file/d/0Bx0OtoLc5pBQZnA1NlZsU0lxN1E/edit?usp=sharing

Sunday 13 January 2013

Yr.12 Unit 1 revision help

To help you with with your upcoming Unit 1 exam please visit the following website (link below).

It will be very useful for the multiple choice aspect in particular.

Revision Notes via this link...

Key terms glossary...

Mr. Allum