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3 Quantitative skills

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3 topics · 7 learning objectives

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  1. Calculations

    1. Calculate percentages and percentage changes, including interest on savings, in relevant economics contexts.

    2. Calculate averages, including average cost, in relevant economics contexts.

    3. Calculate totals, including revenue, costs and profit, in relevant economics contexts.

    4. Calculate income, including gross pay and net pay, in relevant economics contexts.

  2. Graph construction

    1. Construct graphs from data, including supply and demand curves.

  3. Quantitative interpretation and decision-making

    1. Interpret graphs and charts

      Interpret and use information from graphs and charts to support and justify economic decisions.

    2. Interpret economic data

      Interpret and use economic data, including unemployment figures, exports and imports, to support and justify economic decisions.