A Level Edexcel Economics A

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Theme 1: Introduction to markets and market failure
1.1 Nature of economics
The basic economic problem
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Solving the economic problem
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1.2 How markets work
Demand
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Elasticities of demand
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Supply
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The interaction of supply and demand
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Markets misbehaving
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1.3 Market failure
Market failure and externalities
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Public goods and information gaps
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1.4 Government intervention
Government Intervention
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Theme 2: The UK economy – performance and policies
2.1 Measures of economic performance
2.1.1 Economic growth
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2.1.2 Inflation
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2.1.3 Employment
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Features of a national economy
2.2 Aggregate demand
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2.3 Aggregate supply
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2.4 National income
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2.5 Economic growth
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2.6 Macroeconomic objectives and policies
2.6.2 Demand-side policy
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2.6.3 Supply-side policy
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2.6.4 Policy conflicts
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Theme 3: Business behaviour and the labour market
3.1 Business growth
Business growth
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3.2 Business objectives
Business objectives
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3.3 Revenues, costs and profits
Revenues and costs
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Economies of scale and profit and loss
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3.4 Market structures
Introduction
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Oligopoly and contestable markets
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Monopoly and monopsony
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3.5 Labour market
Labour market
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3.6 Government intervention
Government intervention
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Theme 4: A global perspective
4.1 International Economics
Globalisation
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Trade
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Balance of payments
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Exchange rates
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4.2 & 4.3 Inequality and Development
4.2 Poverty and inequality
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4.3 Development
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4.4 Finance
4.4 The financial sector
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4.5 Nation State
Tax and spending
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Policies in a global context
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