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Year 9

Macroeconomics — GDP, inflation, unemployment, and policy.

💰 Microeconomics

Economic Systems

Command, free market, and mixed economies — who decides what to produce?

📈 Macroeconomics

GDP and Measuring the Economy

What GDP measures, how it is calculated, and its limitations.

Economic Growth

What causes growth, the business cycle, and costs of growth.

What inflation is, how it is measured (CPI), and its effects.

Types of unemployment, how it is measured, and its consequences.

Government Fiscal Policy

How governments use spending and taxes to manage the economy.

Monetary Policy

How central banks use interest rates to control inflation and growth.

🌐 International Economics

How the world economy is becoming more interconnected.

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