A Level Economics Taster Lesson June 2014 – Summer Homework
You are to research the following areas of and questions about the UK economy:

Actual GDP for each of the last 10 years

GDP growth for each of the last 10 years

Unemployment for each of the last 10 years

CPI Inflation for each of the last 10 years

Interest rates for each of the last 10 years

Average house prices for each of the last 10 years

£/$ and £/€ exchange rates for each of the last 10 years

Who or what sets interest rates in the UK?

What is “forward guidance”?

What is “quantitative easing”?

How can taxes and interest rates be used to stimulate economic growth?
Prepare a 10 page (maximum) power point presentation to document the results of your research
Use a minimum of 3 websites to conduct your research and state all of your sources in your presentation document. We strongly recommend that you do NOT use Wikipedia in your research.
Useful websites:
Website http://www.edexcel.com/quals/gce/gce08/economics/Pages/defaul t.aspx
http://www.tutor2u.net/blog/index.php/economics/ http://www.economist.com
http://www.s-cool.co.uk/ http://www.bized.co.uk/ http://www.revisionguru.co.uk/ http://www.bankofengland.co.uk/ http://www.lse.ac.uk/ http://www.economicshelp.org/ http://www.bbc.co.uk/news/correspondents/robertpeston/ https://www.gov.uk/government/organisations/hm-treasury http://www.bbc.co.uk/news/business/economy/ www.globalissues.org
Description / Evaluation
Edexcel Economics website
Revision notes, case studies, glossary, quizzes
The Economist site
Comprehensive information on most aspects
Economics specific - good for essay reference
Good for pupils to use for revision and reference
Has revision notes and
"Take A Break" section
Has some resources in the
"Education" section
London School of
Economics own site
BBC Economics editor
Get your statistics here
Good all round news site
Research on a variety of
Social, Political, Economic and Environmental Issues