A-Level Economics Diagrams Checklist

Master all the essential diagrams you need for AQA, Edexcel, and Edexcel International A-Level Economics. This comprehensive checklist covers every diagram required for exam success across both years of study.

Download the practice worksheet: Students can print and fill in each diagram to practise their understanding.


Year 12 Microeconomics Diagrams

Markets and Efficiency

  1. Production Possibility Frontier (PPF)
  2. Outward Shift in PPF
  3. Free Market Equilibrium
  4. Increase in Demand
  5. Decrease in Demand
  6. Increase in Supply
  7. Decrease in Supply

Elasticity and the Price Mechanism

  1. Price Elasticity of Demand
  2. Price Elasticity of Supply
  3. Rationing Function: Increase in Supply
  4. Excess Supply and the Price Mechanism
  5. Rationing Function: Decrease in Demand
  6. Rationing Function: Decrease in Supply

Welfare and Market Failure

  1. Consumer Surplus
  2. Producer Surplus
  3. Positive Externalities in Consumption
  4. Negative Externalities in Consumption
  5. Negative Externalities in Production
  6. Positive Externalities in Production

Government Intervention

  1. Indirect Tax
  2. Indirect Tax with Inelastic Demand
  3. Subsidy
  4. Maximum Price (Price Ceiling)
  5. Maximum Price with Inelastic Demand and Supply
  6. Minimum Price (Price Floor)
  7. State Provision (AQA only)

Year 12 Macroeconomics Diagrams

Aggregate Demand and Supply

  1. Classical AD/AS Model
  2. Keynesian AD/AS Model
  3. Increase in Aggregate Demand
  4. Decrease in Aggregate Demand
  5. Increase in Short-Run Aggregate Supply
  6. Decrease in Short-Run Aggregate Supply

Output Gaps and the Multiplier

  1. Increase in AD at Full Capacity (Inflationary Gap)
  2. Increase in AD at Spare Capacity (Output Gap)
  3. Decrease in AD at Full Capacity
  4. Decrease in AD at Spare Capacity
  5. Multiplier Effect
  6. Negative Multiplier Effect
  7. Increase in Long-Run Aggregate Supply

Year 13 Microeconomics Diagrams

Costs, Revenue, and Objectives

  1. Costs and Revenue
  2. Increase in Costs
  3. Decrease in Costs
  4. Increase in Revenue
  5. Decrease in Revenue
  6. Business Objectives
  7. Efficiency (Productive, Allocative, Dynamic)

Market Structures

  1. Perfect Competition in the Short Run
  2. Perfect Competition in the Long Run
  3. Monopoly
  4. Monopolistic Competition in the Short Run
  5. Monopolistic Competition in the Long Run
  6. Contestability
  7. Game Theory (Prisoner's Dilemma)
  8. Kinked Demand Curve (Oligopoly)

Price Discrimination and Regulation

  1. First Degree Price Discrimination
  2. Third Degree Price Discrimination
  3. Economies of Scale
  4. L-Shaped Long-Run Average Cost
  5. Natural Monopoly
  6. Natural Monopoly Regulation
  7. Price Control

Labour Markets

  1. Perfectly Competitive Labour Market
  2. Increase in Demand for Labour
  3. Decrease in Demand for Labour
  4. Increase in Supply of Labour
  5. Decrease in Supply of Labour
  6. Wage Differences Due to Demand
  7. Wage Differences Due to Supply
  8. Minimum Wage
  9. Maximum Wage
  10. Monopsony Labour Market (AQA only)
  11. Minimum Wage in a Monopsony (AQA only)

Year 13 Macroeconomics Diagrams

Exchange Rates

  1. Floating Exchange Rate Equilibrium
  2. Currency Appreciation
  3. Currency Depreciation
  4. Fixed Exchange Rate
  5. Currency Revaluation
  6. Currency Devaluation

International Trade

  1. Comparative Advantage and Specialisation
  2. Gains from Trade (Consumer and Producer Surplus)
  3. Trade Equilibrium
  4. Tariff
  5. Tariff Removal (Free Trade Agreement)
  6. Export Subsidy
  7. Trade Quota

Exam Board Note: While this checklist covers all major exam boards, some diagrams appear more frequently in specific specifications. Always check your exam board's specification or consult your teacher to confirm which diagrams are most relevant for your exams.


A-Level Economics Tutoring

I offer one-to-one and small group A-Level Economics tutoring for students across the UK and internationally. With 87+ five-star Google reviews and tutoring experience since 2017, I specialise in helping students understand difficult concepts and improve their exam technique.