This is one of a set of Powerpoints (and accompanying Notes/Key Terms sheets) that I have created for my own teaching of the macroeconomic topics in the new (linear) AQA A-level Economics specification (7135). They follow the order of teaching recommended by the exam board and (generally) the AQA-approved textbooks (Powell & Powell, 2015).
Key terms covered in this Powerpoint: (references to the specification):
4.2.4.1 The structure of financial markets and financial assets
• The characteristics and functions of money.
• Definitions of the money supply and the distinction between narrow money and broad money.
• The difference between debt and equity.
• The ways in which firms raise finance include: issuing shares, issuing corporate bonds and borrowing from a bank.
• The terms coupon and maturity in relation to government bonds and be able to calculate the yield on a government bond.
• Why there is an inverse relationship between market interest rates and bond prices.
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