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Economics 2

This Unit introduces the world economy. The main focus is the key features of the global economic environment. It advances economic concepts and allows candidates to develop their research and analytical skills. The core economic issues that are focused on in this Unit are trade, international payments, exchange rates and economies undergoing change. The Unit has 3 Outcomes of learning introducing you to:

  • International Trade
  • International Payment and Exchange Rates
  • World Economies and Economic Change

To pass this Unit you will be asked to complete one piece of assessment work. This will be in the form of a report that will be the result of your own investigation. Your report may be presented in written or oral form. Your research will be directed by a set of structured questions that your tutor will provide near to the start of this Unit.

If a written report is submitted it is anticipated that it will be at least 1,000 to 2,000 words in length. It may consist of graphs and cases drawn from newspaper, journal, Internet or other appropriate sources.

Any oral presentation will consist of relevant graphs and cases drawn from relevant sources, above. Your tutor will record the results from such a 15 minute presentation using a checklist to ensure you cover all evidence to gain a successful pass.