Model 25 mark essays for A Level Economics needed to achieve a grade A-A*
* Labour markets 15 mark * factors affecting supply and demand of labour * demand: demand for the good itself, productivity, price of capital * supply: wages in other jobs, value for leisure, barriers to entry, population, occupational mobility * PED: elasticity of product, substitute with capital, cost of labour as proportion of total costs
June 05, 2024Every multiple choice question Available on Whatsapp Every 10 mark question See HERE Every 15 mark question Explain why, in advanced economies, economic growth is usually accompanied by a fall in employment in manufacturing but an increase in employment in the service sector. (June 2017) Explain how a sustained low
May 22, 2024One benefit of free trade is that it should cause total world output to increase. Free trade is the act of trading without protecionist barriers. Comparative advantage theory states that if each country specialises in producing the good or service which it has a comparative advantage in, then total world
May 18, 2024