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Chapter 21 Business Cycle, Changes in the General Price Level and Unemployment
Flipped Classroom: Relationship between nominal and real interest rates
Flipped Classroom: Quantity theory of money
Skills Check‧Data interpreting: Business cycle
Skills Check‧Data interpreting: Inflation and deflation
Skills Check‧Data interpreting: Employment figures
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Chapter 22 Fiscal Policy and Monetary Policy
Inspiring Video: Public expenditure of Hong Kong
Skills Check‧Data interpreting: Different tax structures/systems
Skills Check‧Data interpreting: Composition of tax/government revenue components, public expenditure
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Chapter 23 International Trade
Flipped Classroom: Hong Kong's imports and exports of goods and services
Inspiring Video: The principle of comparative advantage
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Chapter 24 Trade Barriers
Flipped Classroom: Effects of imposing an import quota
Skills Check‧Graph drawing: Drawing the supply curve with tariff/quota
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Chapter 25 Balance of Payments Account and Exchange Rate
Inspiring Video: Effects of a change in the exchange rate
Skills Check‧Data interpreting: Trade data of economies
Skills Check‧Data interpreting: Information about the balance of payments of an economy
Skills Check‧Data interpreting: Exchange rates on different dates