Objectives of Government Macroeconomic Policy - A-Level Economics - PPT & Group Task

This detailed PPT helps introduce macroeconomics and the main government objectives. The lesson starts with a simple look at what macroeconomics is and which stakeholders it impacts. Below is a summary of the overall lesson objectives:

Students will understand the main objectives of government macroeconomic policy: economic growth, price stability, minimising unemployment and a stable balance of payments on current account.

The lesson looks mainly at the main government objectives, as listed below:

* Stable low inflation
* Sustainable growth
* High employment
* Improvements in productivity
* Rising living standards and a fall in relative poverty
* Sound government finances

The lesson introduces each topic in brief detail to help students get an overview of the different objectives. The lesson also includes a 10 mark data exam style question based on the topic. I have also included links to a few key videos throughout the lesson to help students understand the topic. The lesson concludes with a fun group activity where students need to work together to create their won political party and come up with their own objectives and how they hope to improve the economy. I have included grading cards that can easily be printed and filled in to help students vote on their elected party. The plenary is a simple traffic light quiz that re-caps on the key theory covered. This lesson is perfect for introducing macroeconomics to students. It has been designed for the new Economics A-Level, but could easily be used for GCSE and other economic based courses. The lesson is linked to the UK economy, but again this could easily be updated for other countries. A perfect introduction to macroeconomics and government objectives.