Ups and Downs of the Economy
Introducing the concept of economic cycles, including periods of growth (expansions) and slowdowns (recessions), and their general characteristics.
Key Questions
- What does it mean when an economy is 'growing' or in a 'recession'?
- What are some signs that an economy is doing well or slowing down?
- How do economic ups and downs affect people's jobs and incomes?
MOE Syllabus Outcomes
Suggested Methodologies
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