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Economics 4EC1/02R May June 2022

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1. Macroeconomic Indicators and Growth: GDP per capita calculations, inflation rate determination, factors affecting economic growth, and measuring unemployment rates. 2. Exchange Rates and Trade Policies: Currency appreciation and depreciation, impact of interest rates on exchange rates, effects of free trade agreements, and government interventions in trade. 3. Government Policies and Fiscal Management: Taxation policies, fiscal surplus definitions, government subsidies, infrastructure investment, and policies to control economic fluctuations. 4. Labour Markets and Employment: Cyclical and structural unemployment, effects of deregulation on job markets, the role of trade unions, and impacts of automation on employment. 5. Globalization and Market Effects: Trade liberalization, effects of import quotas, benefits and drawbacks of economic integration, and foreign investment in emerging markets. 6. Consumer Confidence and Economic Stability: Deflation and its impact on spending behavior, the role of central banks in monetary policy, inflationary pressures, and financial sector stability.
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