Glossary

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gross fixed capital formation

Subject: 

  • Economics

(abbrieviation: GFCF) (also called investment (I)) the capital goods that are bought by businesses and the government to produce other goods and services.

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semi-durable goods
Subject:
Economics

goods with a limited life expectancy such as less than a year.

labour productivity
Subject:
Economics

the quantity of output of goods and services produced by the workers in a certain time.

rate of poverty
Subject:
Economics

the proportion of a region's population that lives below the poverty line.

remuneration
Subject:
Economics

reward for labour (money and could include other benefits).

average cost
Subject:
Economics

the total cost divided by total number of commodities produced.

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Exam practice is essential. Make sure your students have access to practice exam papers for the subjects they take. Make sure the exam papers relate to the correct version of the curriculum.

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Many subjects require students to know work from the previous grades. Make sure your child has access to a good reference book that contains the concepts they need to refer back to.

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Once your teenager has completed practise exam papers, go over the areas where they struggle. Get a study guide to help you and your student if you need help with a particular section.

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Exam practice is essential. Make sure your student has access to practice exam papers for the subjects they take. Make sure the exam papers relate to the correct version of the curriculum.

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Studying should be active. Your child should be making notes, working through examples, doing practice exam papers and testing herself on the sections she is studying.

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Formulae sheets or key concept sheets are useful for quick revision. Get your teenager to stick them on the wall in their room. The more they look at the formulae and key concepts, the more likely...

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Different study methods work for different students. Find out what works for your child so you understand how you can support him or her.

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