Economics B A-Level
Ratio
What Ratio means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of Ratio
Check what you remember
Read the wording for your board, then hide it and explain Ratio in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: Pearson Edexcel
A comparison of parts to parts or parts to a whole, such as a 3:1 ratio of employed to unemployed individuals in a specific sample.
Topics that use Ratio
- Appendix 3: Quantitative skills (Pearson Edexcel A-Level)
Related terms
- Base year
- Cross elasticity of demand
- Data interpretation
- Fraction
- Income elasticity of demand
- Index numbers
- Inflation measurement
- Marginal cost
Using Ratio in the exam
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