Survey
* Your assessment is very important for improving the workof artificial intelligence, which forms the content of this project
* Your assessment is very important for improving the workof artificial intelligence, which forms the content of this project
IGCSE Schemes of Work 2015-2016 Economics EC2 A, B, C & D A FAIR AND BALANCED SCHEME OF WORK Time August to October Break After October break to mid November. Mid November to February Break Note Christmas test will include all the Red Chapter material plus first five-six chapters of macroeconomic (blue chapters) and because Material Covered The market system, demand and supply. Movements along the demand and supply curves and shifts in demand and supply curves. Market equilibrium and calculating total revenue. Students have seen this material before (at the start of EC1) so we can skip through it quite quickly. Then: Three elasticities – price, supply and income. Applications of elasticity followed by an elasticity quiz. Introduce Production Possibility Curves and review the Mixed economy. An understanding that all economies are mixed, but some are more mixed than others. Labour- The advantages and disadvantages of division of labour to individuals and firms. Labour – factors affecting the supply and demand for labour. Progress test. Interference in the labour market: National minimum wage and trade unions. Population changes – how it affects firms, government in economy. This is not in the Jones book. Then – Red Chapter Test Blue chapters Macroeconomic objectives: Growth*+ Price control* Full employment* Balance of payments Environmental protection *Study how they are measured + problems with measuring it Then – the three policies we are super evil, the green chapters which they had covered in EC1. Monetary policy Fiscal policy Progressive, regressive and proportional taxes (NOT IN THE JONES BOOK) Supply side policies. How might these policies achieve macroeconomic objectives? There may be no Blue Chapter test because the material will be covered on the February mock exam. February 2016 until April 2016 Orange Chapters Globalisation Foreign Direct Investment International Borrowing and debt is not in Jones and must be covered. Winners and losers in both MEDCs and LEDCs from globalisation. Trading blocs – effects of those inside and outside trading blocs. Familiarise students with custom union too. Might be a sneaky question on that. Free trade versus protectionism Types of protectionism plus diagrams. These diagrams are not very well covered in the book. Exchange rate determination – the effects of an increase/decrease in the value of a currency for the country’s trade. Progress test covering ORANGE chapters. April last days of teaching new material – then… June 2016 Green Chapter Revision with a particular focus on past examination questions. Examination skills. Handing back mock papers. IGCSE Celebration of Knowledge