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Revision I
1. Revision I
2. Learning Objectives
3. Lesson Objectives
4. ATL Skills
5. GDP - What is GDP ? - How is GDP Calculated ? - What GDP Indicates ? - How do we calculate GDP Per Capita?
6. GDP
7.
8. GNI - What is included in GNI? - How do we treat income of foreigners earned in our country in GNI ? - What does GNI indicate?
9. GNI
10. Business / Economic Cycle - What is the business cycle, and what are its main stages? - How does it affect businesses and
people's spending habits?- How do governments use policies to
control the ups and downs of the economy?