AQA A-level Economics new 7136 - 06, 13 & 19 Jun 2017 [Exam Discussion]

•

The advantages and disadvantages of globalisation to developed countries such as the USA or the UK.

•

The advantages and disadvantages of free trade/protectionism

•

Evaluate the advantages and disadvantages of Britain’s decision to leave the EU.

•

Analyse the consequence of a weak pound to the UK Macroeconomic performance.

•

Discuss the consequence of a growing account current account deficit to the UK economy.

•

Discuss whether deflation is a threat to the UK Economy.

•

Evaluate the impact of increased fiscal austerity measures on macroeconomic stability.

•

Discuss the impact of free market strategies versus interventionist Strategies to improve growth and development in developing countries

•

Evaluate whether financial market regulation is the most effective way to reduce systemic risk.

•

Using the data and your knowledge of economics, evaluate the view that the UK should focus its monetary policy on managing the exchange rate in order to improve macroeconomic performance. – June 16, 25

•

Explain how the UK Government could reduce a balance of payments deficit on the current account, other than through the use of import controls, June 15, 15

•

Assess the importance of a floating exchange rate to a country trying to achieve macroeconomic stability, june 14, 25

•

Explain the main features of a single market, such as that which exists within the European Union (EU). (15 marks) June 13

•

Evaluate the possible economic costs and benefits to an EU member state, such as the UK, of being part of the EU single market. June 13, 25

•

Discuss the possible contribution of supply-side reforms to achieving an improvement in the UK balance of trade in goods, june 13, 25

•

Using the data and your economic knowledge, discuss the possible impact on the UK balance of payments of an increasing rate of inflation throughout the global economy, 25 June 14

•

Explain how membership of a customs union, such as the EU, affects the pattern and volume of trade between countries. June 16, 1

•

To what extent are low interest rates appropriate in the UK at a time of high inflation? June 13, 25

•

Explain possible economic reasons why a government might prefer to cut government spending to reduce a budget deficit rather than raise taxes. 15 Marks June 14

•

Assess the effectiveness of monetary policy in the last 25 years

•

Evaluate the view that reducing unemployment inevitably has trade-offs with other macroeconomic objectives June 15, 25

•

Evaluate the likely impact of a fall in the saving ratio on the performance of the UK economy June 15, 25

•

To what extent do you agree that a further reduction in the UK’s unemployment rate is most likely to be achieved by improvements in the supply-side rather than the demand-side of the economy? June 16, 25

•

To what extent do you agree that a persistent trade deficit is more damaging to the UK’s macroeconomic performance than a persistent budget deficit? Justify your answer.

•

Evaluate the effectiveness to which the financial sector can promote development in developing and emerging economies – 15 M

•

Evaluate the view that increased economic growth inevitable worsens the gap between the rich and poor in developing countries/conflicts with other macroeconomic objectives 25 Mark

•

Explain the measures of development – 15 M

•

Explain the difference between economic growth and economic development.