Economics B A-Level
Economic uncertainty
What Economic uncertainty means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of Economic uncertainty
Check what you remember
Read the wording for your board, then hide it and explain Economic uncertainty in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: Pearson Edexcel
A situation where firms may delay capital investment due to uncertainty over future costs and revenues.
Topics that use Economic uncertainty
- Possible macroeconomic objectives (Pearson Edexcel A-Level)
Related terms
- Current account
- Current account surplus
- Economic growth
- Equilibrium
- International competitiveness
- Living standards
- Low unemployment
- Macroeconomic objectives
Using Economic uncertainty in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
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