Economics GCSE
Economic agents
What Economic agents means in Economics GCSE, as defined for AQA.
Definition of Economic agents
Check what you remember
Read the wording for your board, then hide it and explain Economic agents in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
Consumers, producers and government are the main economic groups whose decisions drive the allocation of scarce resources.
Topics that use Economic agents
- Economic activity (AQA GCSE)
Related terms
- Basic economic problem
- Circular flow of income
- Consumers
- Distribution of wealth and income
- Economic welfare
- Goods
- Government
- Government intervention
Using Economic agents 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.
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