Theme 4 Edexcel A Economics A Level Resources

These resources have been created by Tom Furber, an A-Level Economics tutor. They include practice questions, model answers, content notes and more.

Resources

Full practice paper for paper 2 [includes a Section B on UK fiscal and monetary policy; mix of theme 2 and theme 4]. | Model answers for Section B

Section B Edexcel style practice question for theme 4 [globalisation and Croatia].

25 marker model answer [globalisation]

25 marker model answer [tariffs].

25 marker model answer [income inequality].

Detailed notes

Below are my content notes for theme 4, intended for students aiming to improve their grades. If you would like to improve your understanding of topics like globalisation and development, please view my A-Level Economics tutoring.

4.1.1 Globalisation

4.1.2 Specialisation and trade, including comparative and absolute advantage

4.1.3 Pattern of trade

4.1.4 Terms of trade

4.1.5 Trading blocs and the World Trade Organisation

4.1.6 Restrictions on free trade

4.1.7 Balance of payments

4.1.8 Exchange rates

4.1.9 International competitiveness

4.2.1 Absolute and relative poverty

4.2.2 Inequality

4.3.2 Factors influencing growth and development

4.3.3 Development strategies part 2 – other strategies and international organisations

4.4.1 Role of financial markets

4.4.2 Market failure in the financial sector