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

4.2.4.3 Central Banks and Monetary Policy: Part 1

Also AQA AS 7135: 3.2.4.1

Everything you need for questions on central banks and monetary policy, in the words examiners reward. An interactive seven-step lesson goes with it.

What's on this sheet

  1. Key functions
  2. Who does what in the UK
  3. Regulating the banks
  4. Problems facing regulators
  5. Classic question: can regulation prevent another financial crisis?
  6. Monetary policy in depth: how a change in Bank Rate works, and QE
  7. Side 2: practice tasks, where the marks go, and exam-style questions
  8. Separate answer key

The lesson in seven steps

  1. Will the bank survive?
  2. Functions and regulators
  3. Better or worse?
  4. Capital ratio trainer
  5. Safe banks
  6. Build the chain
  7. Exam practice

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