Year 10 Blogspot 4: Business Structures:
Big Question: The Private Sector has many different types of business structures in which entrepreneurs organise the factors of production to make goods and services for the economy.
Outline the main types of business structures and discuss the advantages and disadvantages of each structure.
Wednesday, 28 November 2012
Year 11 Blogspot 4: Demand-Side Policy
Big Question:
The Spanish economy is suffering from a recession with high unemployment and low growth. Discuss demand-side policies which you think the government should adopt to get the economy into recovery.
The Spanish economy is suffering from a recession with high unemployment and low growth. Discuss demand-side policies which you think the government should adopt to get the economy into recovery.
Thursday, 22 November 2012
Wednesday, 7 November 2012
Year 10 : Price Elasticity of Demand
Big Question:
Discuss whether clothing and electrical products would be likely to have an elastic or an inelastic price elasticity of demand.
Discuss whether clothing and electrical products would be likely to have an elastic or an inelastic price elasticity of demand.
Year 11: The Balance of Payments
Year 11: Big Question:
Describe the structure of the balance of payments on current account in a country and discuss how and why a government might influence the current account of a country.
Describe the structure of the balance of payments on current account in a country and discuss how and why a government might influence the current account of a country.
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