Economics 8136/2 June 2019

AQA GCSE Economics (8136) Jun 2019

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The exam paper explores macroeconomic concepts, including economic growth, inflation, unemployment, and income inequality. Key topics address government policies, budget deficits, supply-side interventions, and the balance of payments. Additional focus is placed on globalisation, with analysis of its impact on developed and less-developed economies, referencing specific cases like India. The paper evaluates market failures, exchange rates, and positive externalities, incorporating data interpretation and calculations such as GDP per capita and inflation rates. It emphasizes understanding trade-offs in policymaking and the socio-economic effects of global economic trends on national and international markets.