Economic management
What Economic management means in Economics GCSE, as defined for AQA.
Definition of Economic management
Check what you remember
Read the wording for your board, then hide it and explain Economic management in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
The government's role of setting objectives and using policies to achieve them in the economy.
Topics that use Economic management
- How the economy works (AQA GCSE)
Related terms
- Consumers
- Functions of money
- Government
- Interest rates
- International trade
- Macroeconomic objectives
- Policy trade-offs
- Producers
Using Economic management 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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