search
Past Papers
Multimedia
Forum
QuizHub
Tutorial
School

Economics 4EC1/02 May June 2021

Economics 4EC1/02 May June 2021

1. Types of Unemployment and Trade Barriers: Identification of seasonal, cyclical, and structural unemployment; understanding tariffs, subsidies, and import taxation.

2. Economic Indicators and Macroeconomic Trends: Definition and calculation of recession, fiscal deficits, exchange rate effects, and trade balances.

3. Market Dynamics and Government Interventions: Impact of subsidies on equilibrium price and quantity, benefits of public goods like national parks, and taxation for environmental protection.

4. Foreign Direct Investment and Global Trade: Benefits of FDI for economic growth, globalization effects due to reduced communication costs, and protectionist measures like quotas.

5. Social and Economic Policy Implications: Consequences of rising unemployment on consumer confidence, poverty indicators, and government investments in healthcare.

6. Sustainability and Environmental Policies: Use of taxation to mitigate environmental damage, balancing economic growth with ecological concerns, and the role of government in sustainable development.

omer uner

Classification: Paper 2
Page count: 20
Viewed: 206
Last update: 7 months ago
Crash report
Create Quiz