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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)