Trainee Sara is unhappy in her current training programme, because it is too 'hands on'： she is required to attempt
techniques before she has had a chance to study the underlying principles first. She spends the evenings trying to read
ahead in the course textbook.Which of Honey and Mumford's learning styles is probably Sara's preferred style?
Rationale: The Theorist seeks to understand basic principles and to take an intellectual, 'handsoff' approach prior to trying
things. Pragmatists are the opposite. You may have hesitated over option A, but Reflectors learn by thinking things through,
rather than necessarily by applying theoretical concepts.Pitfalls: This is an area ripe for exam questions, because of the
clarity of the style classifications. Make sure you can identify the label to go with a description and vice versa.Ways in: You
could probably rule out Pragmatist quite quickly, because of Sara's dislike of 'hands on' methods.
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Monetary policy is a government economic policy relating to:
1 Interest rates
2 Taxation
3 Public borrowing and spending
4 Exchange rates
Which of the above are correct?
Which of the following organisations might benefit from a period of high price inflation?
Which of the following are the goals of macroeconomic policy?
1 Encouraging economic growth
2 Low unemployment
3 Achievement of a balance between exports and imports
4 Achieving zero inflation
Which of the following is an example of cyclical unemployment?
A surplus on the balance of payments usually refers to a surplus or deficit on the account.Which word correctly complete this statement?
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