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IGCSE Economics
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Economic Indicators
Economic Indicators
With regards to prices, candidates should be able to:
- describe how a consumer prices index/retail prices index is calculated
- discuss the causes and consequences of inflation
- discuss the causes and consequences of deflation.
With regards to employment, candidates should be able to:
- describe the changing patterns and levels of employment
- discuss the causes and consequences of unemployment.
With regards to output, candidates should be able to:
- define Gross Domestic Product (GDP)
- describe and have a general understanding of the causes and consequences of economic growth define the term recession
- describe and evaluate measures and indicators of comparative living standards, such as GDP per head, Human Development Index (HDI).
Business News
- Thomas Cook blames heatwave for profit warning
- Versace set to be sold in $2bn deal
- Weight Watchers slims down in rebrand
- Barrick and Randgold to create world's biggest miner
- Oil firm in major North Sea gas discovery
- Carrefour denies making bid approach for Casino
- China accuses US of trade bullying as new tariffs imposed
- Labour conference: John McDonnell unveils shares plan for workers
Economy News
- Latest Trump tariffs on Beijing hits over half of Chinese exports to the US
- Crude may rise to $100 a barrel by 2019 due to sanctions on Iran: Merchants
- US imposes next round of tariffs on $200-bn worth of Chinese goods
- Trump's China war puts US tech and telecom companies in the cross hairs
- Trump admin may deny new green cards to immigrants who use public aid
- Oil producers confident of managing supply disruptions, big price increases
- China's debt rises to $2.58 trillion, but remains within official limit
- How global oil production at 27-year low reflects Opec's waning power
Technology News
- Airline prepares to make world's longest commercial flight: 19 hours - CNET
- iPhone XS drop test: This phone would not crack - CNET
- Google started quietly logging you into Chrome with latest update, reports say - CNET
- Google's first Android phone rivaled the original iPhone like earlier brands never could - CNET
- Star Wars gets an anime makeover with fan-made trailer - CNET
- Uber and Grab fined $9.5 million for 'mergers that harm competition' - CNET
- Want to convince someone you're not a robot? Use the word 'poop' - CNET