A-Level Economics Notes & Examples | All Exam Boards
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Microeconomics
- Demand, supply and elasticity
- Economies of scale
- Behavioural economics
- Market failure
- Government intervention
- Indirect tax
- Subsidy
- Maximum price
- Minimum price
- State provision
- Provision of info for demerit goods
- Provision of info for merit goods
- Behavioural economics for demerit goods
- Leave it to market forces
- Business objectives
- Profit maximisation
- Revenue maximisation
- Sales maximisation
- Satisficing
- Market structures
- Summary notes
- Monopoly
- Natural monopoly
- Monopolistic competition
- Perfect competition
- Competitive oligopoly
- Collusive oligopoly
- Price discrimination
- Regulation of monopolies
- Privatisation
- Nationalisation
- Subsidise new entrants
- Price caps
- Labour markets
- Summary notes
- Causes of wage differentials
- Government intervention and trade union impact
- Minimum wage in a competitive labour market
- Education and training in a competitive labour market
- Minimum wage in a monopsony labour market
- Inequality
- Summary notes
- Leave it to the market
- Progressive tax and benefits
- Education and training
- State provision
- Minimum wages
Macroeconomics
- Macroeconomic objectives
- Summary notes
- Impact of high inflation
- Impact of deflation
- Impact of high unemployment
- Economic growth
- Aggregate demand and aggregate supply
- Summary notes
- Analysis of the diagrams
- Demand and supply-side policies
- International economics
- Impact of a current account deficit
- Impact of a current account surplus
- Causes of a currency depreciation
- Causes of a currency appreciation
- Impact of a currency depreciation
- Impact of a currency appreciation
- Floating exchange rates
- Fixed exchange rates
- Advantages of globalisation and free trade
- Disadvantages of globalisation and free trade
- Impact of tariffs
- Policies used to reduce a current account deficit
- Supply-side policies
- Tariffs
- Currency devaluation
- Economic development
- Summary notes
- Causes of economic development
- Primary product dependency
- Savings
- Access to credit
- Poor infrastructure, education and skills
- Absence of property rights
- Strategies to promote economic development
- Market-based policies
- Interventionist policies
- Causes of poverty and inequality
- Financial markets
- Components of financial market failure
- Liquidity crisis
- Bank run
- Systemic risk
- Moral hazard and externalities
- Global financial crisis
- Protection against financial market failure
- The Bank of England (lender of last resort)
- PRA, FCA, FPC
- Components of financial market failure