Dear (student),
A number of us teachers think that issues relating to government borrowing and budget deficit (what the newspapers call "sovereign debt") may come up. It might be a good idea to read about what is happening at the moment with regard to Greece and its debts.
In addition, Mr Bowen thinks the topic of "rebalancing" may come up. This means the shifting of an economy from one area to another in order to improve its performance: e.g. from relying on domestic demand to expanding exports, from one particular industrial specialisation to another, from producing goods to producing services, etc..
As always though, these are just guesses so don't neglect other areas of the syllabus. On Monday I am going to send everyone a list of the key areas of Module 4 compared to Module 2 so you can check you have covered all the main areas in your revision.
I hope the Module 3 exam went ok today. If you have time to write back, I'd like to hear about your thoughts regarding the exam.
Please e-mail me if you have further questions and please come along to lunch next Friday!
In addition, Mr Bowen thinks the topic of "rebalancing" may come up. This means the shifting of an economy from one area to another in order to improve its performance: e.g. from relying on domestic demand to expanding exports, from one particular industrial specialisation to another, from producing goods to producing services, etc..
As always though, these are just guesses so don't neglect other areas of the syllabus. On Monday I am going to send everyone a list of the key areas of Module 4 compared to Module 2 so you can check you have covered all the main areas in your revision.
I hope the Module 3 exam went ok today. If you have time to write back, I'd like to hear about your thoughts regarding the exam.
Please e-mail me if you have further questions and please come along to lunch next Friday!
Best wishes,
Mr Spottiswoode
In addition here are some pictures that might help you....
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