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AS M2 Lesson 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
- PPP Overview of Module 2 - go through key aggregates and what they measure
- UK economy info from 2006 / 2009 - from word document
- Give out country cards, remark on some interesting facts
- Allocate cards, show CIA factbook, ask students to find info for tomorrow