Higher

Within the Higher Economics course pupils will cover 3 key units:

 

Microeconomics – the problem of unlimited wants and limited resources and how the market promotes the efficient allocation of resources.

The UK Economy (macroeconomics) – economic variables such as inflation, unemployment, and government economic policies.

The International Economy – The position of the UK in international terms and the effect of the EU on the UK.
 

Assessment:

The course is assessed through 3 Internal NAB assessments and one externally marked question paper.

 

Economic Freedom Index

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