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Home > Edgenie Sunday Schroll: Newsletter > First 2 months of Year 13 are the most important ⚠️

Welcome to the 54th edition of our Newsletter EdGenie's 📜 Sunday Scroll...

Every Sunday I send out actionable tips, tricks and real-world application insights from my 15 year experience coaching students to achieve As and A*s in their Economics A Levels via EdGenie.

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Avoid the Biggest Mistake: Waiting Until Mocks to Get Serious!

Genies, 🌟

If you're not consistently hitting those A or A* grades, this email is for you. 📧

Let's cut to the chase. ✂️

Your predicted grades are just around the corner. 📅
You need to show your teachers that undeniable stack of proof that you are capable of top grades. 🏆

That means showing them you're consistently achieving an A or A*. 📈

But here's the thing:

This doesn't start with your mocks in a couple of months. 🕒

It starts right now. 🕰️

As you step into Year 13, the game changes. 🎯

There are more diagrams to master, deeper analysis to dive into, and challenging evaluations to tackle. 📊

You can't afford to waste these next two or three months. ⏳

Thinking, "I'll just see how I do in my mocks" is a huge risk. ⚠️

You need to start September strong. 💪

Put in the extra effort now to stand out to your teachers. 👀

Focus on practising those questions, getting feedback, and improving week by week. 📝

By doing this, you’ll consistently shine in the corner of their eye. ✨

Prove you’ve learned from your mistakes in Year 12. ✅

Show that you know how to build a chain of analysis using application and the appropriate diagrams that go 10-20 connectives deep. 🔗

Demonstrate your ability to write 8-12 lines of in depth evaluation in your 25 markers. 🖊️

Finish your essays with a formidable judgement that is 8-12 lines long. 📚

It's all about making a strong start to Year 13. 🚀

So let’s get to it! 🎯

Emre 🧞‍♂️

​Sterling rises after UK business activity grows more than expected

Summary

📈 Sterling Surge: UK private sector activity grew more than expected in August, sending the pound to a 13-month high against the dollar.

📊 PMI Growth:
The S&P Global Flash UK PMI composite output index rose to 53.4 in August, the highest since April, indicating solid economic expansion.

💷 Sterling Movement
: Although sterling initially rose, it later fell back to trade flat against the dollar at $1.3095, while strengthening 0.4% against the euro.

🏗️ Economic Rebound:
The UK economy is expected to grow at a "reasonably solid" rate of about 0.3% in Q3, following a strong rebound earlier in the year.

🛍️ Easing Inflation:
Inflationary pressures eased in the private sector, particularly in services, contributing to economic stability.

📉 BoE Rate Outlook:
The Bank of England is likely to maintain interest rates in September, with expectations of a rate cut by the end of the year.

🏭 Sector Growth:
Both manufacturing and services sectors saw solid growth, with improved sales and job creation reaching a 14-month high.

🌍 UK Outperformance:
The UK's economic growth outpaced the Eurozone in the first half of 2024, making it a bright spot in Europe.

A Level Economics Questions:

Explain how the rise in the PMI composite output index reflects the overall health of the UK economy.
A. The PMI composite output index measures the performance of the manufacturing and services sectors. A rise in this index indicates that a majority of businesses are experiencing growth, which suggests that the overall economy is expanding, leading to increased economic confidence and potentially higher GDP growth.

Explain the impact of easing inflationary pressures on the Bank of England’s interest rate decisions.
A. Easing inflationary pressures suggest that prices are rising at a slower rate, reducing the urgency for the Bank of England to cut interest rates to stimulate the economy. This allows the central bank to maintain a balanced approach, supporting economic growth without risking higher inflation.

Explain the significance of the pound’s rise against the dollar in the context of UK economic growth.
A. A rise in the value of the pound against the dollar reflects increased investor confidence in the UK economy. This can be attributed to stronger-than-expected economic growth, which makes the pound more attractive to investors, potentially leading to more capital inflows and further supporting economic expansion.

Q: Discuss how the UK’s outperformance of the Eurozone might influence its economic policy and trade relations.
A. The UK’s stronger economic performance compared to the Eurozone could give it greater leverage in trade negotiations and economic policy-making. However, it may also create challenges in maintaining this growth if external factors, such as Eurozone economic struggles, begin to impact the UK economy.

Possible A Level Economics 25 Marker Question

Evaluate the long-term implications of sustained growth in the UK’s services sector on its overall economic stability. (25 marks)

Infographic of the Week

Global Wealth Growth from 2010 to 2023: Kazakhstan Leads, While Europe and Japan Lag

From 2010 to 2023, Kazakhstan experienced the highest percentage increase in wealth among 34 nations, with a 190% rise, driven by its rich natural resources. China followed closely with a 185% increase, supported by urbanisation, real estate growth, and improved financial access. Meanwhile, several European countries, including Spain, Italy, and Greece, along with Japan, saw negative wealth growth, largely due to the Eurozone debt crisis and Japan's prolonged economic stagnation.

Chart of the Week

China's Significant Influence on Global Trade Dynamics

The graph illustrates the ratio of global trade to global industrial production from 2001 to 2024, highlighting the strong impact of China on global trade. The blue line represents global trade, which includes China, while the pink line shows global trade excluding China. The data reveal that China's influence has grown significantly over the years, with the global trade ratio consistently higher when China is included. Notably, the gap between the two lines widened around the mid-2000s, indicating China's rising role in global trade, which became especially pronounced during and after the 2008 financial crisis.

Macroeconomic Data


Whenever you're ready there is one way I can help you.

If you or your child are looking to Boost your A level Economics Grades in under 30 days, I'd recommend starting with an all-in-one support network where you get 24/7 access to a SuperTutor:

Join EdGenie 🧞‍♂️: Transform your A-Level Economics essays and exam marks (genuinely) with our comprehensive on-demand learning platform. This carefully curated course blends engaging content with effective exam techniques, the same ones that have empowered over 1,000 of my students to achieve an A or A* over the last 13 years. 
A huge thanks for hopping on board EdGenie's Wednesday Wisdoms newsletter! 
I'm Emre, and I've got a big goal - to make A* education accessible to all A-level students.
And it Starts With You!

Emre Aksahin
Chief Learning Officer at Edgenie