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Home Tuition Scotland is Edinburgh, Lothian and Borders largest home tuition provider. Since 1994, we’ve been preparing Economics students for Standard Grade Economics exams, Intermediate Economics exams, National 4 Economics exams, National 5 Economics exams and Higher Economics exams.

Our expert Economics tutors provide one-to-one Economics tuition in your own home, at a price you can afford.

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National Income
Components of National Income Consumption, investment, government expenditure, exports, imports, savings and taxes.
Uses of National Income statistics Measurement of economic growth, comparison of standard of living over time, and between countries.
Problems of measuring National Income, for example, double counting, the shadow economy.
The determination of National Income The circular flow of income.
Injections and withdrawals.
Equilibrium level of national income.
Inflation
Inflation Definition and measurement of inflation. .
Causes of inflation - increases in the prices of imports, rises in factor costs, excess aggregate demand, excess supply of money.
Real and money changes in prices and incomes.
Effects of inflation on individuals, firms and the economy.
Unemployment
Unemployment Definition of unemployment – rate and level.
Ways of measuring unemployment – claimant count, labour force surveys, seasonally adjusted.
Causes of unemployment For example, lack of demand, changes in demand, foreign competition, seasonal factors, immobility of labour.
Effects of unemployment on individuals and the economy For example, social costs, reduced living standards, reduction in tax revenue, increase in government expenditure, loss of output.

Qualified Economics teachers at all levels across the Edinburgh, East Lothian, Westlothian, the Borders and Falkirk areas. Home Tuition Scotland can help your child achieve Economics exam success.

Please book today.