Costs and Benefits of Economic Growth

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Why Study Economics?
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Famous Economic graduates.!
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celebrity Economic graduates.!
Donald Trump B.S Economics
Invanka Trump B.S Economics
Linda Slade Business Student
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Economics Level 1 In Outline
Unit. Economics helps answer these questions. Unit. Economics helps answer these questions. Unit. Economics helps answer these questions.
A.S 1.1 External 4 Credits Consumer Choice. What's the difference between wants and need? How come we cannot have everything we want? Why do we buy more goods when our income increases? How does the price of petrol affect our demand for cars?
A.S 1.2 Internal 5 Credits Production. Make and sell cheese rolls. How can we get workers to be more productive? How can we make more profit? Trip to Cadbury Factory.
A.S 1.3 External 3 Credits Supply What's the difference between price and cost. What will happen if I put the price up for my good? What changes may make people buy more of my good?
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A.S 1.4 External 5 Credits Market Equilibrium Putting demand and supply together. Why would the government try to make milk cheaper? How does the government earn money? What is tax? Why do we have a minimum wage? How do business owners get us into their shops?
A.S 1.6 Internal 3 Credits Interdependence How do we rely on business owners? Why do we use banks? How and why is a dairy farmer reliant on Fonterra? Why is Fonterra reliant on a dairy farmer? How does the Christchurch Earthquake affect us?
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Current Economic issues

• Do you watch the news and take an interest in
  current affairs?
• Here are some areas that you would consider
  over the course

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Emissions Trading Scheme in NZ

• Going to mean big changes to Farmers!

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US Credit Crisis
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Trade Agreements
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The Price of Milk in NZ
Why is the NZ government intervening into the
price of milk in NZ?
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The minimum wage

• Why does the minimum wage seem to keep increasing?

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Productivity what is it?
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Economics of pricing The coffee paradox
A widening gap between producer and consumer
price
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Climate change what can Economics contribute to
the debate?
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Impact of improved standards of living
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Economic growth
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Global business ethical products
The Coffee farmer
The Global corporation
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Why has the iPod been so successful?
What determines the market price?How has the
iPod changed the economics of the music industry?
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The success of ebaY
Auctions are transforming the way that markets
workWhat lies behind the success of ebaY?
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Debt an economic iceberg
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Who benefits from globalisation?
Why have some countries become richer under
globalisation and others much poorer?
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Fast growing economies!

• Impact of BRIC on global economy

• BRIC
• Brazil
• Russia
• India
• China

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• What will the economic impact of a growing China
  have on our future?

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How can we stop pollution and save the planet?