AS M2 Lesson 1

  1. Quick comparison of micro/macro on WB
    • microeconomics - individual markets / Is the market working efficiently? 2 tests of efficiency
    • macroecnomics - all firms/households/workers, etc / Are the living standards of the population improving? 4 key tests
  2. PPP Overview of Module 2 - go through key aggregates and what they measure
  3. UK economy info from 2006 / 2009 - from word document
  4. Give out country cards, remark on some interesting facts
  5. Allocate cards, show CIA factbook, ask students to find info for tomorrow