How money, markets and governments shape the world you live in.
Economics explains why things cost what they do, why some people earn more than others, and why governments make the decisions they make. It's about real choices with real consequences — from your pocket money to global trade deals. Once you start thinking like an economist, you see the world differently.
The UK economy produces about 2.3 trillion pounds of goods and services every year.
The word 'economics' comes from the Greek 'oikonomia' meaning 'household management'.
Inflation means your money buys less over time — something costing 1 pound in 2000 would cost about 1.80 today.
The average UK household spends about 30% of income on housing. In 1960, it was about 10%.
40 topics across 8 units — all mapped to the AQA GCSE specification.
Economic activity, needs vs wants, factors of production, opportunity cost and economic groups.
Demand and supply curves, price determination, equilibrium, elasticity and market changes.
Costs, revenue, profit, productivity, economies of scale, competition and monopoly.
Externalities, public goods, merit/demerit goods, government intervention and information gaps.
GDP, economic growth, recession, the business cycle, employment and living standards.
Fiscal policy, monetary policy, supply-side policies, redistribution and taxation.
Globalisation, imports/exports, exchange rates, balance of payments and trade blocs.
Functions of money, banks, interest rates, savings, borrowing and financial markets.
Doesn't just give you the answer — walks you through it step by step so you can do it yourself in the exam.
Stuck on a homework problem? Confused by a concept? Ask in your own words — no such thing as a stupid question.
See exactly which topics you've nailed and which need more work. XP, streaks and mastery scores for every topic.
Practice with questions modelled on real GCSE papers. Marks, hints and model answers included.
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