Economics A-Level
Human capital
What Human capital means in Economics A-Level, as defined for AQA.
Definitions of Human capital
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Reference: AQA
Improved through education and healthcare, this increases labour productivity and shifts long-run aggregate supply outwards.
Improved by government spending on education and training, boosting labour productivity and occupational mobility.
Topics that use Human capital
- Economic growth and development (AQA A-Level)
- Supply-side policies (AQA A-Level)
Related terms
- Interventionist policies
- Market-based policies
- Capital investment
- Economic development
- Economic growth
- Economic incentives
- Foreign aid
- Foreign direct investment
Using Human capital in the exam
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