Below is a breakdown of the lesson objectives: * All students will know the main measures of an economy * Most students will have an idea of what the UK economy is currently like * Some students will know how different factors can effect the UK economy The lesson looks at the basics of the following macroeconomic concepts with definition, examples and valid video links: * Inflation * Unemployment * Economic growth * Gross domestic product (GDP) * Balance of payments * Exchange rates The lesson concludes with
a nice multiple choice quiz to test students on the lessons theory.