Grade 11 Economics: Basic

Grade 11 Economics: Basic

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Course curriculum

1. 1. Definition of inflation and deflation
2. 2. Inflation - an example
3. 3. Calculating inflation
4. 4. Example of calculation
5. 5. CPI to compute inflation
6. 6. Causes of inflation
7. 7. Causes of inflation - cost push
8. 8. Consequences of inflation
9. 9. Negative internal ones
10. 10. Negative external ones
11. 11. Policies to control inflation
1. 1. Definition
2. 2. Economic growth
3. 3. Recession
4. 4. Consequences of recession
5. 5. Causes of economic growth
6. 6. The economic business growth cycle
7. 7. Negative consequences of economic
8. 8. Positive consequences of growth
9. 9. Policies to promote
1. 1. Key terms
2. 2. Types of unemployment
3. 3. Costs of unemployment
4. 4. Policies to deal with unemployment
1. 1. The macroeconomics aims
2. 2. The policy conflicts
1. 1. Government budget
2. 2. Why Government imposes tax
3. 3. Types of taxes
4. 4. Tax systems
5. 5. Qualities of good tax
6. 6. Impact of taxation
7. 7. Fiscal policy
1. 1. Monetary policy
1. 1. Supply side policy
2. 2. Supply side policy instruments
1. 1. Indicator 1 real GDP
2. 2. Problems associated with real GDP
3. 3. Indicator 2 Human development
4. 4. Problems associated with HDI
1. 1. Absolute poverty and relative poverty
2. 2. Causes of poverty
3. 3. Policies to alleviate poverty
1. 1. Definitions
2. 2. Factors affecting population growth
3. 3. Reasons for difference in birth rates
4. 4. Reasons for differences in death rates
5. 5. Increase in population
6. 6. Drawbacks to a country
7. 7. Population in pyramid
1. 1. Developed economy and less economy
2. 2. Differences in economic
3. Exercise 1
4. Exercise 2
1. 1. Specialisation at a national level
2. 2. Advantages and disadvantages at a national level
1. 1. Globalisation and role of companies
2. 2. Free trade
3. 3. Benefits of trade
4. 4. Disadvantages from free trade
5. 5. Protectionist measure
6. 6. Reasons in favour
7. 7. Methods of protection
8. 8. Reason for protection and effectiveness
1. 1. The exchange rate
2. 2. The floating exchange rate system
3. 3. The fixed exchange rate system
4. 4. Impact of changes
5. 5. Reasons for fluctuation
6. 6. Effects of appreciation
7. 7. Effects of depreciation
8. 8. Advantages of floating exchange
9. 9. Disadvantages of floating exchange
10. 10. Advantages of fixed exchange rate
11. 11. Disadvantages
1. 1. Balance of payment
2. 2. Components of the current account
3. 3. Causes of current account
4. 4. Consequences of current account
5. 5. Consequences of deficit and surplus
6. 6. Measures to correct a current account
7. 7. Measures to correct deficit

About this course

82 lessons