Economics GCSE
Economic Agent
What Economic Agent means in Economics GCSE, as defined for Pearson Edexcel.
Definition of Economic Agent
An individual, firm, or government that makes economic decisions regarding the allocation of scarce resources.
Topics that use Economic Agent
- Economic assumptions (Pearson Edexcel GCSE)
Related terms
Using Economic Agent in the exam
Definition questions usually carry one or two marks, and examiners look for the precise wording. Write the definition from memory, check it against the version above, and then use the term in a longer answer on the same topic so it sticks.
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