Role Of Financial Markets

Financial markets - buyers and sellers can buy and trade a range of services or assets that are fundamentally monetary in nature. Financial markets exist: 1) To meet the demand for services (such as saving/borrowing, from individuals, businesses and the government) 2) To allow speculation and financial gains Roles of the financial market include: 1) To facilitate savings - providing somewhere...

Crime & Deviance Exemplars

Outline two ways in which gender may influence the risk of being a victim of crime. (4 Marks) Females are more often at risk of domestic violence since they are financially dependent on their partner and for transgender people they are more likely to be victims of violence due to transphobia. Outline three criticisms of the labelling theory of crime and deviance. (6 Marks) It ignores the possibility...

2019 Edexcel Economics A: Paper 2 (The National & Global Economy) Paper

Click To Download PDF Version 1A) Which one of the following would be most likely to cause an increase in credit card lending? (1 Mark) A) A fall in interest rates B) A fall in investment C) An increase in the deficit on the current account of the balance of payments D) An increase in savings 1B) Using the chart, calculate an index number for additions to credit card lending in March 2017, using...

English Literature Papers/Exemplars/Mark Schemes

Past AQA English Literature A-Level Papers: 2019 Edexcel Economics A: Paper 2 (The National & Global Economy) Exemplar Past AQA English Literature A-Level Exemplars: 2019 Edexcel Economics A: Paper 2 (The National & Global Economy) Exemplar Past AQA English Literature A-Level Mark Schemes: 2019 Edexcel Economics A: Paper 2 (The National & Global Economy) Exemplar Past AQA...

Economics Papers/Exemplars/Mark Schemes

Past Edexcel Economics A-Level Papers: 2019 Edexcel Economics A: Paper 2 (The National & Global Economy) Paper Past Edexcel Economics A-Level Exemplars: 2019 Edexcel Economics A: Paper 2 (The National & Global Economy) Exemplar Past Edexcel Economics A-Level Mark Schemes...

2019 Edexcel Economics A: Paper 2 (The National & Global Economy) Exemplar

Click To Download PDF Version 1A) Which one of the following would be most likely to cause an increase in credit card lending? (1 Mark) A) A fall in interest rates B) A fall in investment C) An increase in the deficit on the current account of the balance of payments D) An increase in savings An increase in the deficit on the current account of the balance of payments (B) would be most likely...

Right Realism

Right realism believes that crime is a real problem which requires even minor crimes to be dealt with rigorously through policies such as zero tolerance in order to maintain social order. Zero tolerance policy. Causes of crim...

2017 AQA Crime & Deviance With Theory & Methods

) Outline three functions that crime and deviance may perform (6 Marks) One function that crime and deviance may perform is boundary maintenance. It allows the moral values of society to be reinfor...

1) Adam Smith famously described the concept of the division of labour using the example of a pin factory in Glasgow, in which the division of labour allowed production of pins per person to rise 24,000%. A) Explain the term “division of labour”. (3 Marks) Division of labour is the production process being broken down into a number of tasks, with each task being performed by a different worker. In...

Contestability

1) Using examples, explain the term 'sunk cost'. (3 Marks) 2) With reference to the pharmaceutical industry analyse why the following are significant barriers to entry: A) Economies of scale (3 Marks) B) Brand loyalty (3 Marks) C) Patents (3 Marks) 3) Explain the likely impact on a firm's pricing of its market becoming more contestable (4 Marks) 4) Read the following Extract A Mobile phone...

Monopsony Markets

1) What is the difference between a 'pure monopsony' and a 'pure monopoly'? (2 Marks) A pure monopsony is a single buyer in a market place whilst a pure monopoly is a single seller in a market place. 2) A computer manufacturer has significant monopsony power over its component suppliers. Explain the effect on the manufacturer's monopoly power of: A) Component suppliers integrating horizontally (3...