Economics 7136/2 June 2018

AQA A Level Economics (7136) Jun 2018

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The exam evaluates macroeconomic principles, emphasizing trade, monetary policy, and economic development. Section A examines the UK′s trade balance, the impact of exchange rate fluctuations, and the consequences of persistent current account deficits. It also analyzes financial regulation, the role of low interest rates, and the potential risks to macroeconomic stability. Section B explores topics such as barriers to economic growth in LEDCs, the role of multinational corporations, the effectiveness of fiscal policy in improving supply-side performance, and the desirability of achieving a budget surplus. Emphasis is placed on data interpretation, policy evaluation, and diagrammatic analysis.