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Economics 4EC1/02 November 2021

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1. Trade Policies and Global Economy: Effects of tariffs, quotas, and trade restrictions on international markets. 2. Macroeconomic Indicators and Growth: GDP as a measure of economic progress, effects of inflation, and monetary policies. 3. Labour Market and Unemployment: Causes and impacts of high unemployment rates on business confidence and economic stability. 4. Fiscal and Monetary Policies: Government interventions in taxation, subsidies, and inflation control through central banking policies. 5. Environmental Economics: The role of taxation in reducing pollution and promoting sustainable economic activities. 6. Globalization and Transportation Costs: The impact of reduced transport costs on trade, investment, and economic interdependence.
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