Gcse macroeconomics Study guides, Class notes & Summaries

Factors of Production - correct answer resources comprising land (including natural resources) Labour, Capital and Enterprise. Economic Growth - correct answer Growth in output in the economy over time - a growth of real GDP over time. GDP - correct answer Total value of goods and services produced in the country in a year. GDP per Capita - correct...

Factors of Production - ANSWER-resources comprising land (including natural resources) Labour, Capital and Enterprise. Economic Growth - ANSWER-Growth in output in the economy over time - a growth of real GDP over time. GDP - ANSWER-Total value of goods and services produced in the country in a year. GDP per Capita - ANSWER-GDP divided by the total population therefore GDP per head. Full Employment - ANSWER-When all those able and willing to work are in paid employment at the current...

GCSE AQA - Macroeconomics Complete Revision questions and answers

The total value added of goods and services produced in the country in a year Correct Answer Gross Domestic Product (GDP) GDP divided by population Correct Answer GDP per capita The growth in GDP (value of output) over time Correct Answer Economic growth the amount of buying and selling taking place Correct Answer Economic activity When an economy has high rates of economic growth and high levels of employment over 2 or more consecutive quarters (6 months in a row) Correct Answer Boo...

PEARSON EDEXCEL GCSE IN ECONOMICS (4ECI/02:Macroeconomics and the Global)PAPER 2 MARK SCHEME 2023

This set is one of the 6 units of the CIE IGCSE Economics 0987/0455 specification - Unit 4: Government and the Macroeconomy The complete set (all 6 units) of flashcards that are mark scheme based, can also be found on my profile for ￡15.

Complete summary notes covering all topics from the OCR GCSE Economics J205 specification. These comprehensive notes include key definitions, diagrams, examples and evaluation tables for easier and quicker revision. Over 8x faster than reading through the textbook.

State the six macroeconomic objectives Maintaining full employment Economic growth Achieving price stability Balacing exports and imports Environmental sustainability Reducing inequality Give examples of how different macroeconomic objectives can conflict with each other Economic growth and stable inflation Economic growth and balance of payments Unemployment and stable inflation Economic growth and inequality Economic growth and environmental sustainability. Explain wha...

OCR GCSE Economics - detailed notes for both papers (Introduction to Economics & National and International Economics). Includes all of the content needed for the exams, such as definitions and evaluation. Also included is a link to digital flashcards with spaced repetition to help with memorisation (on RemNote). The link is on the last page. The flashcards allow you to revise much more effectively than just reading notes as they use active recall (testing yourself) and spaced repetition (sp...