Economics · Year 1 · Week 19

The Fundamental Macroeconomics Variables

Strand

Government Economic Policy, Money, Agriculture and Trade

Sub-strand

Macroeconomic Variables (GDP, Inflation, Unemployment, Exchange Rate)

Content standard

Demonstrate knowledge and understanding of ownership and control of resources and fundamental macroeconomic variables

Learning outcome

Examine the meaning and the type of ownership and control of resources and fundamental macroeconomic variables in the local and global economy

Learning indicator

Explain the meaning of the fundamental macroeconomics variable