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A Level Economics AQA (7136)
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3.1 The operation of markets and market failure
3.1.1 Economic methodology and the economic problem
Economic methodology
Efficiency
3.1.2 Price determination in a competitive market
Determinants and elasticities of demand
Determinants and elasticities of supply
Interaction of supply and demand
3.1.3 Production, costs and revenue
Costs
Economies of scale
3.1.4 Competitive and concentrated markets
Business objectives
Monopoly power
3.1.5 The market mechanism, market failure and government intervention in market
Types of market failure
Government intervention
3.2 The national economy in a global context
3.2.1 & 3.2.3 Macroeconomic performance
Economic Growth
Inflation and deflation
Employment and unemployment
Balance of payments
3.2.2 How the macroeconomy works
Aggregate Demand
Aggregate Supply
The Economic Cycle
3.2.4 Macroeconomic policy
Demand-side policies
Supply-side policies
4.1 Individuals, firms, markets and market failure (Year 2 content only)
Production (4.1.4)
Costs and revenue
Profit
Market structures (4.1.5)
Perfect competition
Oligopoly
Monopolistic competition
The labour market (4.1.6)
Labour market
Poverty and inequality (4.1.7)
Poverty and inequality
Market failure (4.1.8)
Competition and privatisation
Government failure
4.2 The national and international economy (Year 2 content only)
Macroeconomic performance (4.2.1; 4.2.3)
Unemployment and Inflation
Policy Conflicts
How the macroeconomy works (4.2.2)
Aggregate Supply and Demand
National Output
Financial markets (4.2.4)
Financial markets
Macroeconomic policies (4.2.5)
Demand-side policies
Supply-side policies
The international economy (4.2.6)
Globalisation
Balance of payments
Exchange Rates
Development
key:
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