Economics
Speaking of concepts to review with your students, don't forget that economic liberalization (and its political causes and effects) is something they should know a little bit about.Here are some of the economic concepts that students ought to be able to define and use in an appropriate and coherent sentence.
- market economy
- command economy
- mixed economy
- agricultural sector
- manufacturing sector
- sevice sector
- GDP
- inflation
- fiscal policy
- monetary policy
- debt (national)
- Deficit
- balance of trade (deficits and surpluses)
- foreign exchange
- productivity
- comparative advantage
- structural adjustment
- shock therapy, etc., ec.
Get out the intro economics textbook. Or visit the economics page at Social Studies Help, a web site created by David Miller an assistant principal at Schreiber High School in Port Washington, New York
Labels: economics
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