Minimum Wage | A-Level Economics Model Paragraph (AQA, Edexcel, OCR)
One policy the government could use to reduce differences in wages is to increase the mininum wage for low earners.
Externalities | A-Level Economics Model Paragraph (AQA, Edexcel, OCR)
Negative Externalities in Consumption
The diagram shows a market failure (misallocation of resources) with fast food.
Fast food is a
Public Goods | A-Level Economics Model Paragraph (AQA, Edexcel, OCR)
Complete market failure is when there is a missing market - and this happens if we rely on a free
Bounds | Edexcel GCSE Maths Test
Question 1
Question 2
Question 3
Question 4
Question 5
Question 6
Question 7
Question 8
Question 9
OCR GCSE Economics Notes
* The main economiic groups: consumers, producers and government
* The factors of production: (CELL) capital, enterprise, land, labour.
* Capital: machinery. Enterprise:
iGCSE Edexcel Economics Notes
* a market is a place where buyers and sellers meet to exchange goods and services
* market failure is when the
Impact of a Currency Appreciation | A-Level Economics Model Paragraph (AQA, Edexcel, OCR)
Exchange rates are the price of a currency in terms of another. If the value of the pound increases, it
A-Level Maths | Partial Fractions
* Cross multiply to combine two fractions into one
Question 1
* 6x/(x-1)(x+2) = A/(x-1) + B/(x+2)
* multiply
Impact of a Currency Depreciation | A-Level Economics Model Paragraph (AQA, Edexcel, OCR)
Exchange rates are the price of a currency in terms of another. If the value of the pound falls, it