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Unit 3.1(1): Measuring the level of economic activity
Economic activity occurs when scarce resources are allocated to produce goods and services to satisfy human wants. Macroeconomics is the study of economic activity from a whole-economy perspective. This...
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Can a wealth tax be successful? Free
With many countries struggling with high budget deficits and national debts, it is an increasing challenge to find ways to pay for government spending without further increasing debt levels or increasing...
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Algeria's flourishing economy in 2025 Free
At a time of relatively slow global economic growth, Algeria is a country experiencing strong economic performance. The Algerian economy expanded by 4.5% in the first quarter of 2025, positioning it as...
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Booking a place on the Tuerredda beach app Free
On the southern tip of Sardinia, Italy, lies the popular beach of Tuerredda. This 500-metre sheltered beach is a favourite among visitors because of its white sand and crystal-clear, tranquil waters....
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The economic consequences of net migration Free
Immigration has been one of the most prominent political issues over the last few years. It has always been important, but with a world population increasingly on the move, its significance has grown....
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The world's most expensive pizza Free
When you go out for dinner to a restaurant to enjoy a pizza, you would normally expect to pay about $18 for a large pizza. As meals go, it represents a relatively ‘good-value’ night out. But imagine...
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The use of administrative trade barriers Free
Trade protection through the use of tariffs is well covered in the news. It is also important to consider another form of trade protectionism, often referred to as ‘non-tariff’ barriers in the media,...
Assessment
Mark scheme Q12 microeconomics (unit 2.5-2.6)
This paper 1 style question contains section (a) and part (b) questions. Part A asks candidates to explain the factors that determine the level of PES for a product. Responses might stick to the obvious...
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Measuring consumer and business confidence Free
One of the most interesting aspects of studying different economies is predicting how they will perform in the future in terms of the main macroeconomic variables, economic growth, employment, and inflation....
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Assessment
Mark scheme Q7 unit 2.11
In this paper 1 type question, part A focuses on monopoly and the shape of the various curves, understanding why it is welfare loss is created when monopolies emerge from a previously competitive industry....