Economic data analysis · AS 91226
Analyse statistical data relating to two contemporary economic issues
Analyse statistical data relating to two contemporary economic issues
You need to find two current economic issues (like inflation, unemployment, or international trade) and analyse the statistical data around them. This means processing the data to show trends, explaining what the data means using economic concepts, and explaining how the two issues connect to each other.
You analyse the statistical data by showing trends, explaining relationships within each issue separately, and explaining the connection between your two issues using economic concepts.
You provide detailed explanations of what the relationships in the data mean for each issue, and you explain in detail how your two issues interconnect using economic concepts or models.
You make a justified prediction about what will happen with one of your economic issues in the future by using and extending the statistical data from both issues together.
Standards typically taken alongside or after this one. Same subject, grouped by level.