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Economics 4EC1/02R May June 2022

Economics 4EC1/02R May June 2022

1. Macroeconomic Indicators and Growth: GDP per capita calculations, inflation rate determination, factors affecting economic growth, and measuring unemployment rates.

2. Exchange Rates and Trade Policies: Currency appreciation and depreciation, impact of interest rates on exchange rates, effects of free trade agreements, and government interventions in trade.

3. Government Policies and Fiscal Management: Taxation policies, fiscal surplus definitions, government subsidies, infrastructure investment, and policies to control economic fluctuations.

4. Labour Markets and Employment: Cyclical and structural unemployment, effects of deregulation on job markets, the role of trade unions, and impacts of automation on employment.

5. Globalization and Market Effects: Trade liberalization, effects of import quotas, benefits and drawbacks of economic integration, and foreign investment in emerging markets.

6. Consumer Confidence and Economic Stability: Deflation and its impact on spending behavior, the role of central banks in monetary policy, inflationary pressures, and financial sector stability.

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Classification: Paper 2
Page count: 20
Viewed: 126
Last update: 7 months ago
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