AQA A Level · 7136 · Paper 2: The national and international economy

4.2.1.2 Macroeconomic Indicators

Also AQA AS 7135: 3.2.1.2

Everything you need for questions on macroeconomic indicators, in the words examiners reward. An interactive seven-step lesson goes with it.

What's on this sheet

  1. The main macroeconomic indicators
  2. CPI or RPI?
  3. Two measures of unemployment
  4. Reading the dashboard
  5. Calculations
  6. Classic question: is real GDP the best single indicator of how the economy is doing?
  7. Side 2: practice tasks, where the marks go, and exam-style questions
  8. Separate answer key

The lesson in seven steps

  1. How is the economy doing?
  2. Claimant count or Labour Force Survey?
  3. Which indicator is this?
  4. The four indicator calculations
  5. Judging performance
  6. Build the chain
  7. Exam practice

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