AQA Economics A Level Paper 1 Resources and Notes

Resources

Notes

Please see below notes by topic, according to the AQA Economics A-Level syllabus (work in progress).

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

Oligopoly

Monopolistic competition

Price discrimination

Business objectives

Perfect competition

Labour markets

Labour supply and demand

Minimum wages

Government intervention

Competition policy

Privatisation and nationalisation

Subsidies

Taxes

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