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 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 …

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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 …

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Challenges facing Chinese economy

For the past 40 years, China has been one of the strongest performing economies – transforming itself from a developing economy to an unprecedented level of prosperity. However, in recent years, there have been concerns the rapid rate of growth in China is beginning to slow down and over the next few years, economic challenges …

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Importance of Current Account Deficit

factors-that-cause-current-account-deficit

Readers Question What does the size of a current account deficit / surplus say about the state of the economy? A current account deficit means that the value of goods and services imported is greater than the value of exports. A current account deficit requires capital / financial flows to finance this deficit. Despite the …

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The Domino Effect

domino-effect economics

The domino effect refers to how one action can have a knock-on effect to related subjects. Knock one domino over, and you don’t just affect the first domino, but all the ones who stand in its path. In economics, the domino theory is often used to explain how an economic problem in one country can …

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