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2.3.2.2a - Influences on consumption: • disposable income • interest rates • consumer confidence •

Syllabus
2018
Objective
2.3.2.2
Level
AS

a - Influences on consumption: • disposable income • interest rates • consumer confidence •

Influences on consumption:; disposable income; interest rates; consumer confidence; level of welfare payments; wealth effects; availability of credit.

Use a - influences on consumption: • disposable income • interest rates • consumer confidence • to connect the rule to the data and decision in the question.

This matters because a - influences on consumption: • disposable income • interest rates • consumer confidence • determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply a - influences on consumption: • disposable income • interest rates • consumer confidence • to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: a - Influences on consumption: • disposable income • interest rates • consumer confidence • is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

ConceptA-Level Edexcel Economics AS