Mr Tarn - Economics
Individuals, Firms, Markets & Market Failure
Economic Methodology & The Economic Problem
Production Possibility Diagrams
Price Determination in a Competitive Market
The Determinants of the Demand for Goods and Services
The Determinants of the Supply for Goods and Services
The Determinantion of Equilibrium Market Prices
NATIONAL & GLOBAL ECONOMY:
What you need to know...
You should understand the impact of exchange rates on the importing and exporting of goods and services.
You should be aware of other factors that affect the sales of imports to, and exports from, the UK.
You should understand the effect that exchange rates have on the individual consumer, e.g how this will affect the cost of travelling abroad and goods purchased in the UK.
How well do you know your currencies? (Quiz)
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