Economics 7135 Paper 2 June 2016, AQA AS-Level Past Papers with Mark Schemes

AQA AS Level Economics (7135) Jun 2016

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The exam focuses on macroeconomic principles, national economic performance, and global economic interactions. Topics include GDP growth, unemployment, inflation, and aggregate demand and supply analysis. Analytical tasks involve interpreting fiscal and monetary policies, the impact of currency exchange rates, and supply-side measures on economic stability. Section B evaluates contextual applications, such as falling global commodity prices and immigration's economic effects. Quantitative reasoning is used to analyze index changes, population metrics, and budgetary impacts. Evaluations address structural unemployment, the circular flow of income, and policy effectiveness, promoting critical thinking about economic performance and international trade implications.