Aqa as Economics Unit 2, . the National Economy

📖 The Scoop

Perfect for revision, these guides explain the unit requirements, summarise the content and include specimen questions with graded answers.

Each full-colour New Edition Student Unit Guide provides ideal preparation for your unit exam:

- Feel confident you understand the unit: each guide comprehensively covers the unit content and includes topic summaries, knowledge check questions and a reference index- Get to grips with the exam requirements: the specific skills on which you will be tested are explored and explained- Analyse exam-style questions: graded student responses will help you focus on areas where you can improve your exam technique and performance

CONTENTS:

Content Guidance

- National income, economic growth and the economic cycle

- Aggregate demand and the circular flow of income

- The aggregate demand and aggregate supply macroeconomic model

- Policy objectives and conflicts

- Employment, unemployment, inflation and deflation

- The balance of payments on current account

- Fiscal policy

- Monetary policy

- Supply-side policies

- Evaluating national economic performance

Questions and Answers

- The ECON 2 exam

- The exam's assessment objectives

- Answering objective-test questions

- Answering data-response questions

- The four key skills

- Evaluation and levels of skills mark schemes

- A strategy for tackling the examination

- The exam questions in this Guide

- Understanding UMS marks

Objective-test questions

Questions on Topics 1 to 10

Data-response questions

Q1: Growth and recession

Q2: Investment, productivity and macroeconomic performance

Q3: Monetary policy and inflation

Q4: Wages and inflation

Q5: Fiscal policy and supply-side economics

Q6: The UK's trade and economic slow-down

Genre: Business & Economics / Economics / General (fancy, right?)