β Northern Ireland Economics
Economics study guides
CCEA-GCSE Β· GCSE (CCEA) Β· aligned to CCEA.
- Competition and the Labour Market - CCEA GCSE Economics guide to market structures, monopoly, wages and the minimum wage
A complete guide to the Competition and the Labour Market section of CCEA GCSE Economics: the spectrum from competitive markets to monopoly and the effects on consumers, barriers to entry, and how the demand for and supply of labour set wages, why pay differs between jobs, and the effects of trade unions and a national minimum wage. Includes how each topic is examined and how to revise it.
π 8 min readCCEA GCSE Economics (7510), Section 2: Competition and the labour market - Managing the National Economy - CCEA GCSE Economics guide to objectives, inflation, unemployment and fiscal and monetary policy
A complete guide to the Managing the National Economy section of CCEA GCSE Economics: the government's economic objectives and indicators, economic growth and GDP, the business cycle, inflation and the Consumer Prices Index, unemployment and its types, and fiscal and monetary policy. Includes how each topic is examined and how to revise it.
π 9 min readCCEA GCSE Economics (7510), Section 4: Managing the national economy - Money, Banking and Personal Finance - CCEA GCSE Economics guide to money, the financial sector, budgeting, saving and borrowing
A complete guide to the Money, Banking and Personal Finance section of CCEA GCSE Economics: the functions and characteristics of money, the roles of commercial banks, the central bank, building societies, insurance and the stock market, and personal financial planning through budgeting, saving, borrowing and interest. Includes how each topic is examined and how to revise it.
π 8 min readCCEA GCSE Economics (7510), Section 3: Money, banking and personal finance - The International Economy - CCEA GCSE Economics guide to trade, the balance of payments, exchange rates and globalisation
A complete guide to the International Economy section of CCEA GCSE Economics: why countries trade and the benefits and drawbacks of trade, the balance of payments and protectionism, exchange rates and the effects of appreciation and depreciation, and globalisation and multinational companies. Includes how each topic is examined and how to revise it.
π 8 min readCCEA GCSE Economics (7510), Section 5: The international economy - The Market System - CCEA GCSE Economics guide to demand, supply, price, elasticity and market failure
A complete guide to the Market System section of CCEA GCSE Economics: the basic economic problem and opportunity cost, demand and supply and how they set the equilibrium price, price elasticity and its effect on revenue, and market failure with the government responses. Includes how each topic is examined and how to revise it.
π 9 min readCCEA GCSE Economics (7510), Section 1: The market system