Economic indicators
What Economic indicators means in Economics A-Level, as defined for AQA.
Definition of Economic indicators
Check what you remember
Read the wording for your board, then hide it and explain Economic indicators in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
A wide range of data analysed by the Monetary Policy Committee when setting the bank rate to forecast future inflation and economic performance.
Topics that use Economic indicators
- Central banks and monetary policy (AQA A-Level)
Related terms
- Aggregate demand
- Credit creation
- Economic governance
- Exchange rates
- Financial stability
- Hot money flows
- Inflation
- Inflation forecasting
Using Economic indicators 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.
Practise Economics questions
Create a free account to answer exam-style questions on this topic and get feedback on your answers.
A week of Premium from your first lesson · Then the free plan continues · No card, no charge