Wealth and income
Wealth and income
Wealth is the value of everything a household owns minus the value of everything it owes. Assets can include property, savings, pensions and shares, while debts can include a mortgage, loan or credit card balance.
Step-by-step lessons on OCR GCSE Economics 3.3.2 Calculate income and wealth. Each one builds up to exam-style questions. Build a solid grasp of supply and demand and cost/revenue calculations before tackling the evaluation-heavy policy topics.