Edexcel IAL Unit 4

Edexcel International A-Level Unit 4: Developments in the Global Economy brings together microeconomic and macroeconomic theory to examine major issues facing the world economy.

You will explore globalisation, international trade, the balance of payments, exchange rates and international competitiveness, alongside poverty and inequality.

The course also examines the role of the state in the macroeconomy and the processes of economic growth and development in developing, emerging and developed economies.

Unit 4 is highly synoptic, with questions able to draw on content from Units 1, 2 and 3, encouraging students to apply economic theory to real-world global issues and evaluate alternative economic policies.