Economics 7136/3 June 2018

AQA A Level Economics (7136) Jun 2018

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The past exam paper focuses on assessing key topics in economics, emphasizing theoretical and applied knowledge. It includes questions related to microeconomics and macroeconomics, addressing concepts like market dynamics, government intervention, aggregate demand and supply, trade, fiscal policy, monetary policy, and global economic issues. Specific themes include market failures, elasticity, inflation, unemployment, income distribution, economies of scale, exchange rates, and the effects of oil price fluctuations on economies. The paper combines problem-solving and analytical tasks linked to real-world scenarios, enhancing understanding of economic principles in context. Key terms include economic growth, productivity, globalization, and financial stability.