Measuring Success: Macroeconomics · National Economy

Unemployment and Inflation

Exploring the causes and effects of price changes and joblessness in the economy.

Key Questions

  1. 1Why is a small amount of inflation considered healthy for an economy?
  2. 2How does high unemployment impact government spending and tax revenue?
  3. 3Who is most hurt by a sudden increase in the cost of living?

ACARA Content Descriptions

AC9HE10K02
Year: Year 9
Subject: Economics & Business
Unit: Measuring Success: Macroeconomics
Period: National Economy

Suggested Methodologies

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