Economics 8136/2 June 2021

AQA GCSE Economics (8136) Jun 2021

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The exam paper examines macroeconomic principles, including fiscal and monetary policies, inflation, unemployment, and globalisation. Key areas of focus involve supply-side policies, cost-push inflation, exchange rate impacts, and balance of payments. Data analysis tasks include calculating GDP per capita growth, inflation rates, and trade balances. Real-world applications explore economic comparisons between the UK and France, policy impacts on economic performance, and consequences of globalisation for developed economies. The paper emphasizes critical evaluation of government policies, economic objectives, and trade-offs in addressing inequality, market failures, and economic growth. Topics highlight the interconnectedness of global markets and sustainability concerns.