Economics A-Level
Institutional credibility
What Institutional credibility means in Economics A-Level, as defined for AQA.
Definition of Institutional credibility
Check what you remember
Read the wording for your board, then hide it and explain Institutional credibility in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
Enhanced by the OBR evaluating the government's performance against its fiscal targets and by its independent analysis helping to maintain financial market confidence.
Topics that use Institutional credibility
- Fiscal policy (AQA A-Level)
Related terms
- Aggregate demand and supply
- Aggregate supply
- Automatic stabilisers
- Budget balance
- Budget deficit
- Budget surplus
- Crowding out
- Direct taxes
Using Institutional credibility 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.
Start free
All Economics A-Level termsA week of Premium from your first lesson · Then the free plan continues · No card, no charge