Edexcel A Level Physics:复习笔记1.1 SI Units
SI Units Everytime a quantity is measured or calculate, it must be quoted with its units All units in Physics can be reduced to seven base units from which every other unit can be derived These oth...
Edexcel A Level Economics A:复习笔记4.5.4 Macroeconomic Policies in a Global Context
Macroeconomic Policies in a Global Context Due to globalisation, economies do not operate in isolation but are highly interdependent This means that the effectiveness of any of the macroeconomic po...
Edexcel A Level Economics A:复习笔记4.5.3 Public Sector Finances
Public Sector Finance Terminology Distinction between automatic stabilisers & discretionary fiscal policy Automatic stabilisers: these are automatic fiscal changes as the economy moves t...
Edexcel A Level Economics A:复习笔记4.5.2 Taxation
Progressive, Proportional & Regressive Taxes Tax systems can be classified as progressive, proportional or regressive Most countries have a mix of progressive (direct taxation) & regressive...
Edexcel A Level Economics A:复习笔记4.5.1 Public Expenditure
Capital Expenditure, Current Expenditure & Transfer Payments Public expenditure (government spending) represents a significant portion of the aggregate demand (AD) in many economies. The expend...
Edexcel A Level Economics A:复习笔记4.4.3 Role of Central Banks
Key Functions of Central Banks Central Banks play a vital role in maintaining stability in the financial system. Additionally, the policy tools at their disposal help to meet Government economic ob...
Edexcel A Level Economics A:复习笔记4.4.2 Market Failure in the Financial Sector
Market Failure in the Financial Sector Market failure in financial markets has far reaching consequences. The Global Financial Crisis of 2008 highlighted the interdependence & fragility of the ...
Edexcel A Level Economics A:复习笔记4.4.1 Role of Financial Markets
Role of Financial Markets Financial markets are any place or system that provides buyers & sellers the means to exchange goods/services & trade financial instruments These include bonds, eq...
Edexcel A Level Economics A:复习笔记4.3.3 Strategies Influencing Growth & Development
Market-orientated Strategies Market-orientated strategies are strategies that create the conditions for private individuals & firms to pursue economic activity with the aim of maximising profit...
