Component 1 Includes: The economic problem, division of labor, demand and supply, elasticity, taxes and subsidies, externalities and market failure. Component 2 Includes: Government objectives, consumption, investment, balance of payments, fiscal and monetary policy, causes of growth, supply side policies. Component 3 Includes: Business objectives, costs/revenue/profit, market structures, competition policy, wage determination, government intervention. Component 4 Includes: Globalization, financial markets, international competitiveness, exchange rates, measures of development, poverty, strategies to improve development.
No previous study required.
Paper 1 Examines content from component 1 and component 3. This is done through a 2 hour written examination. Paper 2 Examines content from components 3 and 4. This is done though a 2 hour written examination. Paper 3 Examines content from all units. This is done through a 2 hour written examination.
About Education Provider
| Region | London |
| Local Authority | Redbridge |
| Ofsted Rating | Good |
| Gender Type | Girls |
| Address | High Road, Woodford Green, IG8 9LA |
Component 1 Includes: The economic problem, division of labor, demand and supply, elasticity, taxes and subsidies, externalities and market failure. Component 2 Includes: Government objectives, consumption, investment, balance of payments, fiscal and monetary policy, causes of growth, supply side policies. Component 3 Includes: Business objectives, costs/revenue/profit, market structures, competition policy, wage determination, government intervention. Component 4 Includes: Globalization, financial markets, international competitiveness, exchange rates, measures of development, poverty, strategies to improve development.
No previous study required.
Paper 1 Examines content from component 1 and component 3. This is done through a 2 hour written examination. Paper 2 Examines content from components 3 and 4. This is done though a 2 hour written examination. Paper 3 Examines content from all units. This is done through a 2 hour written examination.
