A good study tool:
http://www.s-cool.co.uk/a-level/economics/aggregate-demand-and-aggregate-supply/revise-it/the-circular-flow-of-income
The Banking Crisis - how can you use the circular flow to explain why credit crunch slowed the economy down?
A complex interactive made simple - just slide the savings ratio upwards and study what happens:
http://econviz.org/macroeconomic-circular-flow-visualizer/
How do Banks that work fix this? What should you also be sliding upwards to match the increase in savings?
Monday, 11 November 2013
Tuesday, 5 November 2013
A2 Economics Exam
Practice Tests
There will be a one hour data response question on fiscal and supply side concepts for Unit 4 and a one hour exam question with a mix of multiple choice and data questions for Unit 3 on the following dates in the gym:
13 EC C Tues 12 Nov 1-3pm
13EC E groups Weds 13 Nov 8.45-10.50am
These tests will be completed under exam conditions, please remember to bring black pen and calculator. Please ensure you are there 10 minutes before the start of the practice test.
There will be a one hour data response question on fiscal and supply side concepts for Unit 4 and a one hour exam question with a mix of multiple choice and data questions for Unit 3 on the following dates in the gym:
13 EC C Tues 12 Nov 1-3pm
13EC E groups Weds 13 Nov 8.45-10.50am
These tests will be completed under exam conditions, please remember to bring black pen and calculator. Please ensure you are there 10 minutes before the start of the practice test.
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