Economics revision

Economics revision
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Slide 1: Slide
EconomicsFurther Education (Key Stage 5)

This lesson contains 14 slides, with interactive quizzes and text slide.

time-iconLesson duration is: 40 min

Items in this lesson

Economics revision

Slide 1 - Slide

Which factor will not affect consumption?
A
Wealth effect
B
Interest rates
C
Cost of capital
D
Confidence

Slide 2 - Quiz

Explain what will happen when there is an increase in MPC?
timer
1:00

Slide 3 - Open question

timer
1:00
What is an example of a durable good?

Slide 4 - Mind map

Explain the accelerator effect.
timer
1:00

Slide 5 - Open question

Define negative output gap.

Slide 6 - Open question

Which is an example of an injection into the circular flow?
A
Imports
B
Savings
C
Interest rates
D
Government spending

Slide 7 - Quiz

What is the difference between savings and investment?
timer
1:00

Slide 8 - Open question

What is the definition of Unemployment?
timer
1:00

Slide 9 - Open question

What shifts the Aggregate Demand curve?
A
Changes in production technology
B
Changes in savings ratio
C
Changes in costs of production
D
Changes in the cost of capital

Slide 10 - Quiz

What are the four main macroeconomic objectives?
timer
1:00

Slide 11 - Open question

timer
1:00
What is the difference between real and nominal income?

Slide 12 - Mind map

timer
1:00
Give an example of an economic shock.

Slide 13 - Mind map

Define Inflation rate.

Slide 14 - Open question