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AQA Economics
Unit 4
The National and International
Economy
Overview
25% of A Level. 2 hour examination. (80 marks)
Section A: Two optional data response
questions are set; candidates answer one.
(40 marks: 5+10+25)
One question will always relate to the global
context and the other to the European Union
context.
Section B: Three optional essay questions are
set; candidates answer one. (40 marks: 15+25)
3.4.1 Macroeconomic
Indicators
• The Economic Cycle and Economic
Growth
• Uses of National Income Data
• Unemployment
• Inflation and Deflation
3.4.2 Managing the National
Economy
•
•
•
•
Macroeconomic Models and Policies
Fiscal Policy
Supply-Side Policies
Monetary Policy, the Money Supply and
Interest Rates
• Exchange Rate Policy
3.4.3 The International Economy
•
•
•
•
•
Globalisation
Trade
The Balance of Payments
Exchange Rate Systems
The European Union (EU)