AQA GCSE Revision Guide (Network license)

GCSE-Economics-aqa-400
  • An AQA GCSE Economics Revision Guide produced by economicshelp.org
  • It includes all the topics for AQA GCSE Economics
  • GCSE Revision Guide 113 pages.
  • Network license £85.00
  • Comes in pdf format (e-book)
  • Last updated July 2022

 

Table of contents

  • 1.1.1 Economic activity
  • 1.1.2 Factors of Production
  • 1.1.3 Making choices/opportunity cost
  • 1.3.1 Demand
  • 1.3.2 Supply
  • 1.3.3 Equilibrium
  • 1.3.4 Intermarket relationships
  • 1.3.5 Elasticity of demand
  • 1.3.6 Price Elasticity of Supply
  • 1.4 Production, costs, revenue and profit
  • 1.4.2 Production and productivity
  • 1.4.3 Economies of Scale
  • 1.5 Competition
  • 1.5.2 Competitive Markets
  • 1.5.3 Monopoly/non-competitive markets
  • 1.5.4 The Labour Market
  • 1.6 Market failure
  • 1.6.2 Externalities
  • 2.1 The national economy
  • 2.1.2 Government income and expenditure
  • 2.2.1 Economic Objectives of the government
  • 2.2.2. Economic growth
  • 2.2.3 Employment and Unemployment
  • 2.2.4 Inflation and Price stability
  • 2.2.5 Balance of payments
  • 2.2.6 Distribution of income
  • 2.3.1 Fiscal Policy
  • 2.3.2 Monetary Policy
  • 2.3.3 Supply-Side Policies
  • 2.4 International trade and the Global Economy
  • 2.4.2 Exchange Rates
  • 2.4.3 Free-trade agreements
  • 2.4.4 Globalisation
  • 2.5.1 The role of Money
  • 2.5.2. The financial sector

The effects of an appreciation

effect-of-appreciation

An appreciation means an increase in the value of a currency against other foreign currency. An appreciation makes exports more expensive and imports cheaper. An example of an appreciation in the value of the Pound 2009 – 2012 Jan 2009  If £1 = €1.1 June 2012 £1 = €1.27 In this case, we can say …

Read more

The effect of a current account surplus

current-account-surplus

Readers Question: how does a current account surplus affect domestic employment? A current account surplus means an economy is exporting a greater value of goods and services than it is importing. A country with a current account surplus will have a deficit on the financial/capital account. i.e. a country with a current account surplus will …

Read more

Trading blocks – Pros and cons

Free_Trade_Areas

Trading blocks are groups of countries who form trade agreements between themselves. Trading blocks can include Free trade areas – elimination of tariffs between economies in the trading block Customs union – free trade area + a common external tariff with non-members Economic union/Single market – Customs union + common rules and regulations. Different types …

Read more

AD = C + I + G + X – M

ad-downward-sloping

Readers Question: what does AD stand for in economic terms? AD = Aggregate Demand – the total planned expenditure in an economy. Aggregate Demand is composed of various factors C, I, G, X – M C= Consumer spending I = Investment (Gross Fixed Capital Formation) G= Government Spending X= Exports M= Imports AD places a …

Read more

Money explained

hyperinflation

Definition: Money is an object used as a medium of exchange between two parties. It can have intrinsic value like gold or it can be a universally accepted instrument such as notes and coins printed by a Central Bank. Early money These gold coins are an example of money with an intrinsic value. Made out …

Read more

Pros and cons of Financialisation

Financialisation is a term used to describe the increased role of the financial sector in a modern economy. Source: NYT 2013 Financialisation also refers to particular trends in the financial sector of the economy. This includes: Increased use of financial intermediaries Increased use of futures markets. For example future contracts for bonds, shares, currencies and …

Read more

Item added to cart.
0 items - £0.00