


A. INTRODUCTION
At the start of the fifth year, we take a few lessons to kill two birds with one stone: reviewing the economic news from the past holiday and refreshing some important economic concepts from the second grade!




B. OVERVIEW ECONOMICS THIRD GRADE




C. THEME 1: THE ECONOMY AS A SYSTEM
CH1 / LPD1 : Students analyse the relations between the ecnomic actors using the economic cycle diagram.
CH2 / LPD2 : Students explain the composition of Gross Domestic Product from the production, income and expenditure approaches.

>>>FLIP THE CLASSROOM

>>>THEORY


>>>EXERCISES



D. THEME 2: THE FUNCTIONING OF MARKETS AND THE ALLOCATIVE ROLE OF THE GOVERNMENT
CH3/ LPD3 : The students analyze pricing in a situation of imperfect competition: monopoly, oligopoly and monopolistic competition
CH4/ LPD4 : The students analyze government measures at regional, national or European level to correct market failure by externalities, asymmetric information and market dominance
CH5/ LPD5 : The students explain why the government supplies public goods

>>>FLIP THE CLASSROOM

>>>CHRISTMAS EXAM

>>>THEORY


>>>EXERCISES