A-Level Economics Intro
A-Level Economics Intro
Content overview :
Cambridge International AS Level study topics 1.1–6.5. / A Level study all topics 1.1–11.6.
The price system 2.1 Demand and supply curves 7.1 Utility
and 2.2 Price elasticity, income elasticity and 7.2 Indifference curves and budget lines
the microeconomy cross elasticity of demand
7.3 Efficiency and market failure
2.3 Price elasticity of supply
7.4 Private costs and benefits, externalities
2.4 The interaction of demand and supply and social costs and benefits
2.5 Consumer and producer surplus 7.5 Types of cost, revenue and profit, short-
run and long-run production
7.6 Different market structures
7.7 Growth and survival of firms
7.8 Differing objectives and policies of firms
Government 3.1 Reasons for government intervention in 8.1 Government policies to achieve efficient
microeconomic markets resource allocation and correct market
failure
intervention 3.2 Methods and effects of government
intervention in markets 8.2 Equity and redistribution of income and
wealth
3.3 Addressing income and wealth
inequality 8.3 Labour market forces and government
intervention
The macroeconomy 4.1 National income statistics 9.1 The circular flow of income
4.2 Introduction to the circular flow of 9.2 Economic growth and sustainability
income
9.3 Employment/unemployment
4.3 Aggregate Demand and Aggregate
9.4 Money and banking
Supply analysis
4.4 Economic growth
4.5 Unemployment
4.6 Price stability
International 6.1 The reasons for international trade 11.1 Policies to correct disequilibrium in the
economic issues balance of payments
6.2 Protectionism
11.2 Exchange rates
6.3 Current account of the balance of
payments 11.3 Economic development
6.4 Exchange rates 11.4 Characteristics of countries at different
levels of development
6.5 Policies to correct imbalances in the
current account of the balance of payments 11.5 Relationship between countries at
different levels of development
11.6 Globalisation
Assessment :