Analysis
This skill requires you to break down information, concepts and ideas. You can then understand economic problems and issues which arise from these issues.
Such skills involve:
Questions in exams testing these skills typically begin with command words such as:
Analyse | Examine in detail, showing issues and relationships, identifying what is important and consequences of action | Analyse the reasons why Tesco's market share has increased in recent years |
Compare and contrast | Show similarities and differences between ideas | Compare and contrast UK and German economic growth in the 1990's |
Examine | Break down an issue to understand it | Examine the problems faced by BT today |
Investigate | Carry out a detailed examination, looking for evidence to explain something | Investigate the reasons why Interest rates have fallen in the last 12 months |