Edexcel A-Level Economics A2 4.3.6 3a Impact of Market Orientated Strategies Promote Growth Trade Liberalisation and Topic Practice

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Pearson Edexcel IAL Economics

Unit 3: Business Behaviour

3.3.1 - Types and sizes of businesses

3.3.2 - Revenue, costs and profits

3.3.3 - Market structures and contestability

3.3.4 - Labour markets

3.3.5 - Government intervention

Unit 4: Developments in the Global Economy

4.3.1 - Causes and effects of globalisation

4.3.2 - Trade and the global economy

4.3.3 - Balance of payments, exchange rates and international competitiveness

4.3.4 - Poverty and inequality

4.3.5 - The role of the state in the macroeconomy

4.3.6 - Growth and development in developing, emerging and developed economies

4.3.6.1a - three components of the Human Development Index (HDI): economic education, health,

4.3.6.1b - Advantages and limitations of the HDI in comparing living standards between countries

4.3.6.1c - Other measures of development: • the percentage of adult male labour in agriculture •

4.3.6.2a - impact of economic factors in different countries: growth and • volatility of commodity

4.3.6.2b - impact of non-economic factors in different countries: • corruption • poor governance •

4.3.6.3a - impact of market-orientated strategies: promote growth • trade liberalisation and

4.3.6.3b - impact of interventionist strategies: • development of human capital • protectionism •

4.3.6.3c - impact of other strategies: • industrialisation (the Lewis structural dual-sector

4.3.6.3d - role of international institutions: • the World Bank • the International Monetary Fund

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