Mr Tarn - Economics
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  • A-LEVEL ECONOMICS
    • Individuals, Firms, Markets & Market Failure >
      • Economic Methodology & The Economic Problem >
        • Economic Methodology
        • Economic Objectives
        • Economic Resources
        • Production Possibility Diagrams
      • Price Determination in a Competitive Market >
        • The Determinants of the Demand for Goods and Services
        • The Determinants of the Supply for Goods and Services
        • The Determinantion of Equilibrium Market Prices
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NATIONAL & GLOBAL ECONOMY

Section Content

UNDERSTANDING INTERNATIONAL TRADE

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- UK’s exports and imports
- Advantages and disadvantages of global trade

EXCHANGE RATES

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- Effect on imports and exports
- Effect on individual consumer

THE POWER OF THE CONSUMER

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- Impact on firms from consumers boycotting, buying Fairtrade and locally sources products
- The role of the government in reducing world poverty

THE IMPACT OF THE GLOBAL ECONOMY ON WORK

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- Effect of globalisation on the UK labour market
- Mobility of labour
- Impact of migration

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