OCR GCSE - Economics

OCR | GCSE | Economics

Introduction to Economics

Main economic groups and factors of production

The basic economic problem

OCR | GCSE | Economics

The role of markets and money

The role of markets

Demand

Supply

Price

Competition

Production

The labour market

The role of money and financial markets

OCR | GCSE | Economics

Economic objectives and the role of government

Economic growth

Low unemployment

Fair distribution of income

Price Stability

Fiscal policy

Monetary policy

Supply side policies

Limitations of markets

OCR | GCSE | Economics

International trade and the global economy

Importance of international trade

Balance of payments

Exchange rates

Globalisation