Edexcel A Level Economics A:复习笔记3.1.3 Demergers
Reasons for Demergers A demerger occurs when a firm sells off at least one of the businesses it owns, or splits itself into separate parts to create two or more firms Reasons For Demergers Reducing...
Edexcel A Level Economics A:复习笔记3.1.2 Business Growth
How Businesses Grow Business growth can be organic or external Organic growth (internal) is usually generated by gaining greater market share product diversification opening a new store internation...
Edexcel A Level Economics A:复习笔记3.1.1 Size & Types of Firms
Reasons for Growth & Reasons to Remain Small Many firms start small & will grow into large companies or even multi-national corporations (Amazon started in a garage) Reasons Why Firms Grow ...
Edexcel A Level Economics A:复习笔记2.6.4 Conflicts & Trade-offs Between Objectives & Policies
Trade-offs Between Macroeconomic Objectives Policy decisions by governments often create a trade-off in the macroeconomic objectives Achieving one objective may come at the cost of worsening progre...
Edexcel A Level Economics A:复习笔记2.6.3 Supply-side Policies
Supply-side Policies Supply-side policies aim to shift the long-run aggregate supply (LRAS) There are two categories of supply-side policies Interventionist and market-based Interventionist supply-...
Edexcel A Level Economics A:复习笔记2.6.2 Demand-side Policies
Demand-side Policies Demand-side policies aim to shift aggregate demand (AD) in an economy There are two categories of demand-side policies Fiscal policy and monetary policy Fiscal policy involves ...
Edexcel A Level Economics A:复习笔记2.6.1 Possible Macroeconomic Objectives
Economic Growth Economic growth is a central macroeconomic aim of most governments Many developed nations (UK included) have an annual target rate of 2-3% This is considered to be sustainable growt...
Edexcel A Level Economics A:复习笔记2.5.4 The Impact of Economic Growth
Benefits & Costs of Economic Growth Economic growth is considered to be the main contributor to an improvement in the standards of living Due to the negative aspects of economic growth, there i...
Edexcel A Level Economics A:复习笔记2.5.3 Trade (Business) Cycle
Trade (Business) Cycle A trade (business) cycle refers to the changes in real GDP that occur in an economy over time This is the actual growth The real GDP will fluctuate above and below the long-t...
