macroeconomics
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AS Micro: Exam Technique help for the AQA AS Ec...

AS Micro: Exam Technique help for the AQA AS Ec... | macroeconomics | Scoop.it
From the 2012 archives! Here is a brief revision presentation I used to give final advice to my students ahead of their AQA AS Economics ECON1 Micro paper back in 2011. Hopefully useful for students preparing for the next sitting.

Via Dan Martin
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UK trade deficit narrows sharply

UK trade deficit narrows sharply | macroeconomics | Scoop.it
The UK trade deficit narrowed to £616m in January from a five-year high of £2.1bn in December, latest figures reveal, as imports shrink substantially.
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Cost-push and demand-pull explained

Use the AD-AS model to explain cost push and demand pull inflation

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Britain's trade deficit as worrying as its budget deficit

Britain's trade deficit as worrying as its budget deficit | macroeconomics | Scoop.it
In the past, a 25% depreciation in sterling would have been sufficient to boost exports, limit imports and turn the trade figures around – not this time
Economics4Life's insight:

Equilibrium in the balance of payments on current account is one of the macroeconomic objectives and balance of trade is a major contibutor to the balance of payments. This is why in this article they show major concern to the trade deficit that is growing the Uk due to the UK's large dependence on imports such as natural resources

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PAJ Holden showing the current account in Numbers

a video to explain the structure of the UK balance of payments current account structure with example figures to indicate surplus and deficit...

Via Mr Threlfall
Economics4Life's insight:

really good for AQA or Edexcel revision for Unit 2 or 4. The details explain the structure of the current account; and in effect simplifys learning for the governments targets.

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How to write a good 25 mark essay - June 2012 - YouTube

LIKE MY FACEBOOK PAGE - https://www.facebook.com/MultiplexinggamerTutorials Tutorial on how to write a good 25 mark essay for AQA AS level Economics. Questio...

Via Bruce Fellowes
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Bruce Fellowes's curator insight, April 11, 2014 5:02 AM

Not based on a WJEC essay but still worth looking at.

Edward Wilkinson's curator insight, December 15, 2014 10:14 AM

How to write a 25 marker

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China is third largest arms exporter

China is third largest arms exporter | macroeconomics | Scoop.it
China has overtaken Germany, France and the UK to become the world's third largest exporter of arms behind the US and Russia.
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Enjoy low inflation, but beware its side-effects - Telegraph

Enjoy low inflation, but beware its side-effects - Telegraph | macroeconomics | Scoop.it
The recent collapse in oil prices puts a bit more money in our pockets, but it’s jeopardising our North Sea operations, one of the UK’s most important industries
Economics4Life's insight:

With the recent disinflation caused by the rapid fall in oil prices and the closely aligned food prices, this article outlines the likely side-effects, whether they be positive or negative.

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UK unemployment rate drops to 7.1%

UK unemployment rate drops to 7.1% | macroeconomics | Scoop.it

Via David Simpson
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This article is particularly important in recent times as the drop in unemployment rate is coming closer to the 7% threshold of unemployment where Mark Carney's (governor of the Bank of England), forward guidance plan will take effect and a possible increase in the interest rate may occur. 

 

This is relevant to both AS and A2 as unemployment is a macroeconomic objective and can be referred to in many 25 markers.

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Econ 3: Wage Determination and Equality - Tutor2u

Here's a teaching resource suggested by one of our colleagues who attended the Wow Economics CPD event in Birmingham last week. We were discussing a resource called the Average Wage game (available as an ...
Economics4Life's insight:

Decent revision resource following up the AQA specification on the labour market.

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