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Economics AS Unit 1
The economic problem
Needs and wants
The economic problem
Scarcity
Opportunity cost
Economic resources (factors of production)
Economic objectives of individuals, firms and governments
The role of prices and products
Production possibility boundaries (PPB)
Positive and normative economics
Demand
Demand
Composite demand
Derived demand
Supply
Equilibrium and markets
Elasticity
Price elasticity of demand
Income Elasticity of Demand (YED)
Cross Price Elasticity of Demand
Elasticity of Supply
Production and efficiency
Market failure
Government intervention in the market
Market case studies
Economics AS Unit 2
Macroeconomic Performance
The circular flow of income
Aggregate demand
Aggregate supply and macroeconomic equilibrium
Economic growth
Inflation and deflation
Unemployment and employment
Balance of payments on the current account
Conflicts between objectives
Monetary policy
Fiscal policy
Supply side policies
Economics A2 Unit 3
Location
The Distribution of Income and Wealth
Government Intervention in the Market
Economics A2 Unit 4
The economic cycle and economic growth
Inflation
Unemployment
Fiscal and supply side policies
Monetary policy
Globalisation
Trade
Balance of Payments
Exchange rates
Exchange rate history
Exchange Rate Systems
Economic and Monetary Union (Euro)
European Union
European Union history
Structure of the European Union
Free Trade Area to Economic Union
Trade Creation and Trade Diversion
Single European Market (SEM)
EU enlargement
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Conflicts between objectives
Posted on
January 20, 2013
by
Steve Margetts
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