Glossary

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real GDP

Subject: 

  • Economics

the GDP minus the effect of price rises caused by inflation so the figure can be used to compare growth from year to year.

Related Terms: 

Gross Domestic Product (GDP)

Related Content

production method
Subject:
Economics

the value of the final output produced by each of the three sectors of the economy.

inferior goods
Subject:
Economics

goods that decrease in demand as consumer income rises.

service providers
Subject:
Economics

those who provide a service.

portfolio investment flows
Subject:
Economics

money that flows between countries that is used to buy shares in companies listed on the stock...

human capital
Subject:
Economics

the skills; experience and talents of the workforce.

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Exam practice is essential. Make sure your students have access to practice exam papers for the subjects they take. Make sure the exam papers relate to the correct version of the curriculum.

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Remind your students that studying should be active. They should be making notes, working through examples, doing practice exam papers and testing themselves on the sections they are studying.

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Formulae sheets or key concept sheets are useful for quick revision. Make some sheets your students can stick on a wall or at the back of their books. The more they look at the formulae and key...

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Different study methods work for different students. Encourage your learners to find out what works for them so you can support them.

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Many subjects require students to know work from the previous grades. Make sure your child has access to a good reference book that contains the concepts they need to refer back to.

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Once your teenager has completed practise exam papers, go over the areas where they struggle. Get a study guide to help you and your student if you need help with a particular section.

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Exam practice is essential. Make sure your student has access to practice exam papers for the subjects they take. Make sure the exam papers relate to the correct version of the curriculum.

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Studying should be active. Your child should be making notes, working through examples, doing practice exam papers and testing herself on the sections she is studying.

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Formulae sheets or key concept sheets are useful for quick revision. Get your teenager to stick them on the wall in their room. The more they look at the formulae and key concepts, the more likely...

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Different study methods work for different students. Find out what works for your child so you understand how you can support him or her.

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