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Basic economic ideas and resource allocation (AS Level)
01
Scarcity, choice and opportunity cost
02
Economic methodology
03
Factors of production
04
Resource allocation in different economic systems
05
Production possibility curves
06
Classification of goods and services
The price system and the microeconomy (AS Level)
01
Demand and supply curves
02
Price elasticity, income elasticity and cross elasticity of demand
03
Price elasticity of supply
04
The interaction of demand and supply
05
Consumer and producer surplus
Government microeconomy intervention (AS Level)
01
Reasons for government intervention in markets
02
Methods and effects of government intervention in markets
03
Addressing income and wealth inequality
The Macroeconomy (AS Level)
01
National income statistics
02
Introduction to the circular flow of income
03
Aggregate Demand and Aggregate Supply analysis
04
Economic growth
05
Unemployment
06
Price stability
Government macroeconomic intervention (AS Level)
01
Government macroeconomic policy objectives
02
Fiscal policy
03
Monetary policy
04
Supply-side policy
Government macroeconomic intervention (AS Level)
01
Government macroeconomic policy objectives
02
Fiscal policy
03
Monetary policy
04
Supply-side policy
International economic issues (AS Level)
01
The reasons for international trade
02
Protectionism
03
Current account of the balance of payments
04
Exchange rates
05
Policies to correct imbalances in the current account of the balance of payments
International economic issues (AS Level)
01
The reasons for international trade
02
Protectionism
03
Current account of the balance of payments
04
Exchange rates
05
Policies to correct imbalances in the current account of the balance of payments
The price system and the microeconomy (A Level)
01
Utility
02
Indifference curves and budget lines
03
Efficiency and market failure
04
Private costs and benefits, externalities and social costs and benefits
05
Types of cost, revenue and profit, short-run and long-run production
06
Different market structures
07
Growth and survival of firms
08
Differing objectives and policies of firms
The price system and the microeconomy (A Level)
01
Utility
02
Indifference curves and budget lines
03
Efficiency and market failure
04
Private costs and benefits, externalities and social costs and benefits
05
Types of cost, revenue and profit, short-run and long-run production
06
Different market structures
07
Growth and survival of firms
08
Differing objectives and policies of firms
Government microeconomic intervention (A Level)
01
Government policies to achieve efficient resource allocation and correct market failure
02
Equity and redistribution of income and wealth
03
Labour market forces and government intervention
Government microeconomy intervention (A Level)
01
Government policies to achieve efficient resource allocation and correct market failure
02
Equity and redistribution of income and wealth
03
Labour market forces and government intervention
The Macroeconomy (A Level)
01
The circular flow of income
02
Economic growth and sustainability
03
Employment/unemployment
04
Money and banking
The macroeconomy (A Level)
01
The circular flow of income
02
Economic growth and sustainability
03
Employment/unemployment
04
Money and banking
Government macroeconomic intervention (A Level)
01
Government macroeconomic policy objectives
02
Links between macroeconomic problems and their interrelatedness
03
Effectiveness of policy options to meet all macroeconomic objectives
Government macroeconomic intervention (A Level)
01
Government macroeconomic policy objectives
02
Links between macroeconomic problems and their interrelatedness
03
Effectiveness of policy options to meet all macroeconomic objectives
International economic issues (A Level)
01
Policies to correct disequilibrium in the balance of payments
02
Exchange rates
03
Economic development
04
Characteristics of countries at different levels of development
05
Relationship between countries at different levels of development
06
Globalisation
International economic issues (A Level)
01
Policies to correct disequilibrium in the balance of payments
02
Exchange rates
03
Economic development
04
Characteristics of countries at different levels of development
05
Relationship between countries at different levels of development
06
Globalisation
