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Edexcel A A-Level Economics Notes, Study notes of Economics

Economics

Edexcel A-Level econ notes theme 1

Typology: Study notes

2025/2026

Uploaded on 12/13/2025

ryze-36
ryze-36 🇳🇱

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Download Edexcel A A-Level Economics Notes and more Study notes Economics in PDF only on Docsity!

Positive statement - A statement which is objective and made without any obvious value judgements or emotions. Statements about the future can be positive if the can n he disp proven or proven in the future. (e.g statements. (e.g. “the government should i increase > the interest rate”, which can 1 be backed up by “the rate of inflation is at 5%”) e Value judgements ca influence economic decision making and policy. Different economists may make different judgements from the same statistic, for example rising inflation could mean different things.