A-levels - Parents A-levels - Students

AQA AS-level Economics Topics

Tornike Asatiani January 3, 2024

Economic Methodology and the Economic Problem

Economic methodology

The nature and purpose of economic activity

Economic resources

Scarcity, choice and the allocation of resources
Content

Production possibility diagrams

Price Determination in a Competitive Market

The determinants of the demand for goods and services

Price, income and cross elasticities of demand

The determinants of the supply of goods and services

Price elasticity of supply

The determination of equilibrium market prices

The interrelationship between markets

Production, Costs and Revenue

Production and productivity

Specialisation, division of labour and exchange

Costs of production

Economies and diseconomies of scale

Average revenue, total revenue and profit

Competitive and Concentrated Markets

Market structures

The objectives of firms

Competitive markets

Monopoly and monopoly power

The competitive market process

The Market Mechanism, Market Failure and Government Intervention in Markets

Tags:

AS-level Economics

A-level Economics Charts

Previous Article

Is A-level Economics Hard? – Should You Choose it?!

OCR A-level Physics Students Learning About Specifications

Next Article

OCR A-level Physics At a Glance

We are educating children from 11 different countries

Fill out this form to get matched with a tutor & book a free trial

Get matched with a tutor & book a free trial