Institutional structure
What Institutional structure means in Economics A-Level, as defined for AQA.
Definition of Institutional structure
Check what you remember
Read the wording for your board, then hide it and explain Institutional structure in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
The legal, financial, and regulatory frameworks that facilitate economic activity and support how firms operate and expand.
Topics that use Institutional structure
- Determinants of long-run aggregate supply (AQA A-Level)
Related terms
- Banking system
- Capital accumulation
- Classical long-run aggregate supply (LRAS) curve
- Demand management
- Economic growth
- Macroeconomic equilibrium
- Normal capacity level of output
- Productivity
Using Institutional structure 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