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Theme 2: Life in a Global Economy

infoWhy this? Trade, investment, migration, and technology connect the decisions of businesses and consumers across national borders. Exploring these connections, exchange rates, and differences between developed, emerging, and developing economies helps us evaluate how international activity affects growth, development, and living standards.

scheduleWhy now? The focus now broadens from business activity and consumer demand to the international environment in which these decisions take place. This provides context for understanding economic fluctuations and macroeconomic policy later in Year 12, while establishing foundations for the deeper study of globalisation in Year 13.


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