You need to complete the following for next Monday (12th October - Parents evening!!!);1. Explain what the four main economic indicators are (inflation, unemployment, employment, GDP growth and balance of trade) and their influence on an economy.
2. How an economy works (circular flow of income - see video clip).
3. Discuss the economic policies used to improve the economy (fiscal, monetary and supply side - see blog posting from Monday 5th and link below)
Once this has been completed, you must apply all you have learnt to the U.A.E and 'Wild Wadi'. (this bit is NOT for homework)
Mr Bentley
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