https://www.bbc.co.uk/news/business-45737778 – one for discussion around characteristics and consequences of a recession. Find the relevant section within the spec below:- Edexcel spec reference 2.5.3 c) Characteristics of a recession AQA spec reference 4.2.3.1 Economic growth and the economic cycle OCR spec reference P17 evaluate the consequences of a recession
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https://www.wired.com/story/why-amazon-really-raised-minimum-wage/ – useful article for discussion around the effects of minimum wage and where to find the relevant section within the specification:- Edexcel spec reference 3.5.3 maximum and minimum wages AQA spec reference 4.1.6.6 The effects of a minimum wage upon labour markets OCR spec reference P13 Evaluate, with the aid of a…
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https://economictimes.indiatimes.com/news/economy/agriculture/indias-2018-monsoon-rainfall-below-average-lower-than-forecast/articleshow/66016864.cms Useful article for discussion on factors affecting supply, see where to find the relevant section within the specification for A Level Economics: Edexcel spec reference 1.2.4 b) The factors that may cause a shift in the supply curve (the…
Read more…Mustard, soyabean oils slide on low demand – https://timesofindia.indiatimes.com/business/india-business/mustard-soyabean-oils-slide-on-low-demand/articleshow/65978804.cms A useful article to use and where to find the relevant section within the AL Economics Spec for Edexcel, AQA and OCR: Edexcel spec reference 1.2.6 – Price determination AQA spec reference 3.1.2.5 – The…
Read more…We will be publishing the following new resources later this term: Essential Knowledge Handbook for Edexcel GCSE 9-1 Business for Theme 1 (Investigating Small Business) and for Theme 2 (Building a Business). A bank of Multiple Choice Questions for OCR A Level Economics, covering the entire specification These products will soon be available to order from our website.
Read more…A useful link for A Level Economics relating to variable costs http://www.bbc.co.uk/news/uk-politics-44229606 and where to find the relevant section within the spec: Edexcel spec reference 3.3.2 a) Formulae to calculate o average variable cost AQA spec reference 4.1.4.4 The difference between fixed and variable costs. OCR spec reference P10 Explain what is meant by: average variable…
Read more…A useful link for A Level Economics students http://www.bbc.co.uk/news/business-44155130 relating to Financial Regulation and where to find the relevant section within the spec: Edexcel spec reference 4.4.3 a) Key functions of central banks: role in regulation of the banking industry AQA spec reference 4.2.4.4 The regulation of the financial system OCR spec reference P27 Financial…
Read more…A useful link for #ALevelEconomics relating to Privatisation – http://www.bbc.co.uk/news/business-44142258 See below on where to find it in the specification:- Edexcel spec reference 3.6.1 Government intervention to promote competition and contestability: Privatisation AQA spec reference 4.1.8.8 Public ownership, privatisation, regulation and deregulation of markets OCR spec…
Read more…Multiple Choice Questions, Mock Exam Papers, Mark Schemes & Answers available for A Level Economics Paper 1, 2 & 3 for AQA, Edexcel & OCR APT’s Mock Exam Papers, Mark Schemes & Answers are written by an experienced senior examiner of A Level Economics . The style and format is based on the sample assessment material produced by the relevant exam board. AQA A Level…
Read more…A useful link relating to Elasticity of Supply http://www.bbc.co.uk/news/world-europe-44134010 And see below, where to find it in the spec:- Edexcel spec reference 1.2.5 Elasticity of supply AQA spec reference 4.1.3.4 Price elasticity of supply OCR spec reference P9 Explain, with the aid of a diagram, the different values of PES…
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