Theme 3 – The Global Economy

This theme is included in A-Level Paper 2 and Paper 3 for Edexcel Economics (B). You can find notes for it below:

Globalisation

a-Growing-economies
b-Trade-and-growth
c-Trading-blocs
d-Trade-policy-and-trade-negotiations
e-Exchange-rate-changes
f-na-country-profile

Economic Factors in Business Expansion

a-Conditions-that-prompt-trade
b-Assessing-the-potential-of-different-economies

Impact of Globalisation on Global Companies

a-Responding-to-global-demand
b-Demand-side-factors-in-global-markets

Impact of Globalisation on Local and National Economies

a-The-impact-of-multinational-corporations-MNCs
b-Ethical-issues
c-Controlling-MNCs

Global Labour Markets

a-Employment-patterns
b-Wage-rates (1)
c-Minimum-wage-legislation

Inequality and Redistribution

a-Poverty-and-inequality
b-Reducing-poverty
c-The-impact-of-inequality-on-economic-agents
d-Redistribution-of-income-and-wealth