Economics study guides
SQA-NATIONAL-5 · National 5 (SQA) · aligned to SQA.
- SQA National 5 Economics: Economics of the Market - scarcity, demand, supply, the price mechanism and the firm
A deep-dive SQA National 5 Economics guide to the Economics of the Market area. Covers the basic economic problem and opportunity cost, personal economics, demand and supply with shifts and determinants, market equilibrium and the price mechanism, and a firm's costs, revenue and profit.
📖 16 min readNational 5 - SQA National 5 Economics: Global Economic Activity - trade, multinationals, exchange rates and the UK in the world
A deep-dive SQA National 5 Economics guide to the Global Economic Activity area. Covers global trade including imports, exports and trade barriers, multinationals and their location choices, exchange rates and their effect on trade prices, and the UK in the global economy including the EU, developing and emerging economies and aid.
📖 16 min readNational 5 - SQA National 5 Economics: UK Economic Activity - government finance, inflation, employment, growth and Scotland's role
A deep-dive SQA National 5 Economics guide to the UK Economic Activity area. Covers government finance including taxation, spending and the circular flow, the objective of controlling inflation, the objectives of high employment and economic growth, and Scotland's role in the UK economy.
📖 16 min readNational 5