Define Economy
Define Distribution
Define Financial
Define Labour
Define Income
Microeconomics refers to personal finances
Define inflation
What is unemployment?
What is the impact of unemployment on the person who is unemployed?
What would be the impact of unemployment on society?
Look at Source A, what are Australia’s major exports?

Look at Source A, what are Australia’s major imports?

What are the benefits and problems of trade?
Look at Source B, select the top 3 trading partners

Explain what you think would be the impact on Australia if it no longer traded with countries in Asia.