Thursday, July 16, 2015

28. Economics 1B Assignment 2015

I will be placing some guidelines here regarding the completion of the Economics 1B Assignment.

Keep your eyes peeled! We will discuss the following topics in class to help you answer the multiple choice questions:

Macroeconomics - what it is What is meant by Macroeconomic Policy

Real GDP and how it is calculated using a base year.

Types of unemployment and how calculated.

Inflation rate.What is meant by marginal propensity to consume

"Double coincidence"

Stagflation

Cost push and demand pull inflation.

With regards the longer questions, we will be looking at: Fiscal and Monetary policies and the role of the reserve bank

Business Cycles and the concepts economic growth and economic development

We will talk about privatization and nationalisation;and that is about it!

Looking forward seeing you in class next weekend.

(Today is 22/7/2015)

4 comments:

  1. This is great. Thank you so much! Professional standards! Well done.

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    1. Keep returning here - there will be more! Remind others of this resource - if there is anything specific that you need - let me know.

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  2. Replies
    1. I appreciate your thanks (not Prof) - at best Mr! Keep looking out for new stuff - there will be more! Remind others of this resource - over time I wish to have developed a good resource for learners so if there is anything specific that you need - let me know.

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