Economics

Pre-course tasks to be completed by September 2023

Focus is COVID - 19 and the impact on the UK economy.

1. Focus is on the current cost of living crisis. (See below for more guidance)

Recommended reading

• Copies of ‘The Economist’ will be very useful to you as will financial sections of broadsheet newspapers (for example The Guardian, The Times, The Telegraph or the Independent). Make a note on any key things you find from reading these.

• Awareness of the AQA economics website is crucial.

• Make use of Firefly (Economics webpage) for further support.

Required summer work

1.Write a short report (3/4 pages) summarising the current cost of living crisis which includes current food inflation, the energy crisis, and the current impeding mortgage crisis. In your report you should focus on the causes, current impact and government intervention to address the issues. Support your report with relevant research from institution such as the ONS (Office for National Statistics), IFS (Institute of Fiscal Studies), OBR (Office for Budget Responsibility), news reports, podcasts and any other sources that are credible and trustworthy. Please use diagrams, graphs, pictures, data and pictures to enrich your report. Try to explain and draw conclusions by using relevant research that supports your arguments throughout. There is no right or wrong answer, this assignment is designed to help you achieve a comprehensive understanding of several variables that are contributing to the current economic landscape.

2. Look at the AQA Economics Specification (code 7131) and organise a lever arch file with file dividers or set up an electronic folder with all relevant topics and subchapters.

3. Student also needs to find out what the 4 assessment outcomes are and write them down on the inside of their lever arch file.