AS Economics - Balance of Payments - Capital and Current Account (4 lessons)

With over a decade of teaching experience, I’ve created this comprehensive resource on the Balance of Payments, designed to equip students with a detailed understanding of the current account, transactions, and economic implications of surpluses and deficits. This resource includes in-depth evaluations, strategies for correction, and exam-style questions with model answers, making it ideal for both new and experienced teachers.

What’s included:

• Understanding the Balance of Payments:
• Detailed explanation of the current account and how transactions are recorded.
• Insights into how the accounts balance and the relationship between components.
• Surpluses and Deficits:
• Analysis of the economic problems caused by surpluses and deficits.
• Real-world examples illustrating these issues.
• Strategies for Correction:
• Policies and measures to address imbalances, including evaluation of their effectiveness.
• Evaluation and Analysis:
• Balanced discussions of the implications of trade imbalances on domestic and global economies.
• Exam Questions and Mark Schemes:
• Practice questions with detailed mark schemes to prepare students for assessment.

Key Features:

• Comprehensive and syllabus-aligned content: Providing clarity on complex concepts with practical examples.
• Real-world applications: Linking theory to contemporary trade and economic issues.
• Evaluation-focused insights: Encouraging students to critically analyse and evaluate policy solutions.
• Engaging visuals and data-driven explanations: Simplifying complex relationships with clear graphs and examples.
• Plug-and-play design: Fully prepared lessons that save time and deliver impactful teaching.