Economics: micro and macro
HE · 50 minutes · Explain markets, failure and policy.
Answer by: Type. You can change method or take a break at any time.
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Our learning goal
Explain markets, failure and policy.
Your turn: Choose one thing you would like to understand by the end.
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My lesson notes & project
Full teaching script
- Today: Economics: micro and macro. Our goal: Explain markets, failure and policy.
- Take one idea at a time. Pause after each sentence; ask for repetition whenever you need it.
- Micro: price emerges where marginal cost meets marginal benefit; externalities, public goods, information asymmetry and monopoly break that. Macro: GDP, inflation, unemployment and the balance of payments interact; fiscal and monetary policy trade off growth against price stability.
- Together: choose one example from the explanation and show how it works. What do you notice?
- Your turn: Explain one current policy through both lenses.
- Reflect: what made sense, and what would you like explained differently?
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