AQA Economics A-Level Notes

Notes by topic, according to the AQA Economics A-Level syllabus.

Please note this page is a work in progress.

Note by clicking the blue links, you can also find Economics A-level practice papers and other A-level Economics resources.

Economic methodology and the economic problem

Introduction. This includes:

Economic methodology
The nature and purpose of economic activity;
Economic resources;
Scarcity, choice and the allocation of resources

Production possibility diagrams

Demand and price elasticity of demand

Supply and price elasticity of supply

Individual economic decision making

Behavioural economic policies – nudges

Market structures

Monopoly and monopoly power

Monopolistic competition

Price discrimination

Business objectives

Perfect competition

Labour markets

Labour supply and demand

Government intervention

Competition policy

Privatisation and nationalisation

Macroeconomics

Inflation and deflation

Tradeoffs between macroeconomic objectives

Central banks and monetary policy

Financial market regulation

Fiscal policy: government spending

Supply side policies

Comparative advantage

The balance of payments and the current account

Barriers to economic development and growth

Development policies – aid

About the author

Tom Furber

Helping economics students online since 2015. Previously an economist, I now provide economics resources on tfurber.com and tutor A Level Economics students. Read more about me here.

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