Economic factors in PEST
Economic factors in PEST
Economic factors are external conditions in the wider economy, and they are the E in PEST analysis. Key examples are economic growth, inflation, interest rates, exchange rates, and unemployment.
Step-by-step lessons on Eduqas A Level Business Economic. Each one builds up to exam-style questions. Build up your knowledge of the core business functions first, then focus revision time on the strategy and evaluation-heavy topics, since these carry the most marks.