Economics 4EC1/02 May June 2019 | Edexcel IGCSE Past Papers With Mark Scheme

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1. Macroeconomic Indicators and Inflation: Definition and calculation of inflation rate, impact of inflation on economies like Turkey, and government measures to control inflation.

2. Globalization and Trade: Benefits of trade blocs such as ASEAN, the role of multinational corporations (MNCs) in economies like India, and the impact of tariffs on global trade.

3. Unemployment and Fiscal Policy: Types of unemployment, fiscal policies to reduce unemployment, and the economic consequences of high unemployment rates.

4. Exchange Rates and Currency Depreciation: Advantages and disadvantages of currency depreciation, exchange rate calculations, and impacts on international trade.

5. Government Intervention and Market Regulation: Supply-side policies, effects of taxation on income and businesses, and methods of environmental protection through government policies.

6. Economic Growth and GDP Calculations: GDP per capita calculations, factors influencing economic growth, and comparisons of GDP across different economies.

Edexcel International GCSE Economics (4EC1) Jun 2019

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Classification: Edexcel Paper 2

Page count: 24

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Last update: 2 months ago

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Economics 4EC1/02 May June 2019 | Edexcel IGCSE Past Papers With Mark Scheme

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