Glossary

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market economy

Subject: 

  • Economics

(also called the free market system or market capitalism) prices and quantities in the economy are controlled by the market forces of demand and supply.

Related Terms: 

market mechanism

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tertiary sector
Subject:
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the services sector of the economy.

non-rivalry
Subject:
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when consumption by one person does not reduce use by another person.

tangible assets
Subject:
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goods that can be touched and have to be transported.

tariffs
Subject:
Economics

a tax on imported goods.

tangent
Subject:
Economics

a straight line that touches a curve at one point only.

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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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