Welcome to the 55th 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.

Genies,

I'm going to say something controversial, which really shouldn’t be…

Working hard gets you the best results. 💪

For some strange reason, we're living in an age where hard and smart work is frowned upon.

And that it's all about balance and taking it easy.

But I don't know a single student or person who’s been successful because they took it easy.

It makes no sense. 🤷‍♂️

Let me ask you this:

6-9% of students achieve an A* in A-Level Economics. 📈

How many of them do you think said, "Yeah, I didn’t really do much. I just watched a few videos on youtube. It was pretty casual."

Even if they say that, the truth is the work probably came easy for them because they put the hard yards in before this period.

But what does working hard actually mean? 🤔

It doesn’t mean doing content and theory over and over again. That’s the easy thing to do.

It means doing what will get you that A or A*.


1️⃣ Learning Content through Real-World Application: 🌍 Understand the ‘why’ behind every theory. It’s not just about knowing the facts—it’s about seeing how they play out in real life.

2️⃣ Instant Clarification: 🗣 Don’t waste time being confused. Ask questions about the content as soon as you don’t understand something.

3️⃣ Master Exam and Essay Techniques from the Start: 📝 Know exactly how to structure your answers, how to build analysis, and how to hit every mark for evaluation in the exam from day one.

4️⃣ Question Practice from 1 Mark to 25 Marks: 🏋️‍♂️ Practice everything! MCQs, short answers, essays. Practice like you're in the exam already.

5️⃣ Receive Regular Feedback: 🔄 Don’t wait until it’s too late. Constant feedback on your answers lets you know where you're improving and what still needs work.

Repeat steps 1-5 for every topic. 😄

Luckily, at EdGenie, we’ve got you covered on all these points. 🎓

The time is now. ⏳

You’ve got predicted grades coming up, tests on the horizon, and two or three other subjects that need your attention.

Do the outstanding things that 90+% of students don’t do consistently…

And you’ll achieve outstanding results 90%+ of the time. 🎯

The formula is simple, but it’s not easy. But guess what?

You’ve got what it takes to make it happen.
Keep pushing. 🚀

Emre 🧞‍♂️

🌍 Inflation and Recession Avoidance: Inflation rates have significantly decreased across OECD countries, with central banks lowering interest rates, demonstrating an effective containment of inflation without triggering a recession.

✈️ Stable Economic Growth: Despite the rapid increase in interest rates in recent years, economic growth has remained steady. The OECD reported a 1.8% year-on-year growth in GDP by the second quarter of this year, the fastest since the end of lockdowns.

💼 Robust Employment and Corporate Earnings: Unemployment rates have slightly increased but remain low at around 5%, and job vacancies exceed pre-pandemic levels, indicating strong labour demand. Additionally, global corporate earnings saw a significant year-on-year increase of more than 10% in Q2 2024.

🏦 Interest Rate Dynamics: Higher interest rates have paradoxically benefited households in the European Union and other affluent regions by increasing returns on savings significantly, outweighing the rise in debt repayments.

💰 Fiscal Policies Contribution: Extensive fiscal stimulus in 2020-21 and continued government spending have played crucial roles in buffering the economic impact of higher interest rates, maintaining robust economic activity.

📈 Economic Stability and Outlook: Economic indicators like credit-card spending and high-frequency economic activity measurements suggest stability, with the American GDP growing at an annualised rate of 2%. Despite potential adjustments in monetary policy, the economic outlook remains positive, nearing what might be a successful 'soft landing'.

Q. Explain how central banks use interest rates to control inflation.
A. Central banks raise interest rates to make borrowing more expensive, which reduces spending and investment in the economy, lowering demand and slowing down inflation. Conversely, they cut rates to stimulate spending and investment, encouraging economic growth.

Q. Explain why raising interest rates did not cause a recession in the recent economic cycle.
A. Despite higher interest rates, the economy avoided a recession due to strong household savings, fiscal stimulus, and less reliance on borrowing in industries like manufacturing and housing. These factors helped maintain consumer demand and business profitability.

Q. Explain why inflation is likely to remain low despite central banks cutting interest rates.
A. Inflation is expected to stay low because wage growth, though higher than before the pandemic, is slowing. Additionally, price rises have stabilised, meaning that even as central banks cut rates, demand and price pressures are unlikely to surge.

Q: Evaluate the potential risks of central banks cutting interest rates too quickly.
A. Cutting rates too quickly may reignite inflationary pressures by making borrowing cheaper and increasing demand too soon. This could lead to another cycle of rising prices, forcing central banks to raise rates again, causing further economic instability.

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.