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Economics Unit 4

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The Changing Nature of the UK


900 bn UK National Debt


Pros and Cons of Monetary Policy


Long run aggregate supply


Budget Surplus


Exchange Rates


The Balance of Payments


Exchange Rate Systems


ECON4


Pros and Cons of the Single European Currency


Macroeconomic Policies and Objectives


Factors that the MPC use to Determine Interest Rates


50 tax rate


Globalisation


Economic Growth and the Economic Cycle


Economic Growth


Unit 4 Contents


Globalisation and World Trade Summary


The European Union


Inflation and Deflation


The Principles of Taxation


The Euro Chrissies


The WTO


UK Balance of Payments Deficit


Inflation and Deflation Summary


Why is Inflation Bad


Protectionism


Joining the Euro


Causes, Costs and Solutions of Unemployment


Unemployment


deflation


Monetary Policy


Fiscal Policy


How to Calculate Inflation


UK needs to focus on exports to increase growth


Supply Side Policies (lesson notes)


Pros and Cons of Economic Growth


Causes of Economic Growth


Budget Deficit


Fiscal Policy (lesson notes)


Objectives and Instruments of Monetary Policy


National Income Data


Inward Investment into the UK


Supply Side Policies


Economics Revision Quizzes


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