tutor2u | Maths Made Easy for A-Level Economics - Nominal to Real…

Student Videos

Maths Made Easy for A-Level Economics - Nominal to Real Conversions

Level:
AS, A Level, IB
Board:
AQA, Edexcel, OCR, IB, Eduqas, WJEC

Last updated 22 May 2019

The difference between nominal and real data is explained in this short revision video for A Level Economics students.

Nominal data is current data at current prices

Real data is data that takes into account the effect of inflation i.e. data at constant prices.

Maths Made Easy for A-Level Economics - Nominal to Real Conversions

Recommended

Exam support for 2022

Online Grade Booster Courses for A-Level Exams in May & June 2022

Exam technique, advance information support, live revision and more from the tutor2u subject specialist teams

Enrol now

© 2002-2022 Tutor2u Limited. Company Reg no: 04489574. VAT reg no 816865400.