Topic #
|
Topic
|
Outcome
|
3.1
|
Money
and exchange
|
• Describe the functions of money
• Describe the need for exchange
|
3.2
|
Banks and stock
exchanges
|
• Describe the functions
of central banks
• Describe the functions
of commercial banks
• Describe the functions
of stock exchanges
|
3.3
|
Choice
of occupation
|
Identify
the factors affecting an individual’s choice of occupation:
•
wage factors
•
non-wage factors
|
3.4
|
Changes in earnings
|
Describe the likely
changes in earnings over time for an
individual
|
3.5
|
Differences
in earnings
|
Describe
the differences in earnings between different
groups
of workers:
•
male/female
•
skilled/unskilled
•
private/public
•
agricultural/manufacturing/services
|
3.6
|
Trade unions
|
• Describe trade unions
• Analyse the role of
trade unions in an economy
|
3.7
|
Specialisation
|
•
Describe the benefits of specialisation for the individual
•
Describe the disadvantages of specialisation for the individual
|
3.8
|
Spending, saving and
borrowing
|
Analyse the different
motives for:
• spending
• saving
• borrowing
|
3.9
|
Expenditure
patterns
|
•
Discuss HOW different income groups have different
patterns
of spending, saving and borrowing
•
Discuss WHY different income groups have different
patterns
of spending, saving and borrowing
|
O/L Unit 3: The individual as producer, consumer and borrower
January 03, 2017Ahmed Xahir
This is a short biography of the post author. Maecenas nec odio et ante tincidunt tempus donec vitae sapien ut libero venenatis faucibus nullam quis ante maecenas nec odio et ante tincidunt tempus donec.
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