A-Level Economics Notes

Exam boards

  1. AQA
  2. Edexcel
  3. International Edexcel

Year 12 Microeconomics

  1. The economic problem
  2. Production possibility frontiers
  3. Demand
  4. Supply
  5. Price elasticity of demand
  6. Income elasticity of demand
  7. Cross elasticity of demand
  8. Price elasticity of supply
  9. Free market vs command economy
  10. The price mechanism
  11. Market failure
  12. Public goods
  13. Externalities
  14. Provision of information
  15. Indirect taxes
  16. Subsidies
  17. Maximum prices and minimum prices
  18. Tradeable pollution permits
  19. State provision

Year 12 Macroeconomics

  1. Economic performance
    1. Inflation
    2. Unemployment
    3. Economic growth
  2. AD/SRAS/LRAS
    1. Aggregate demand
    2. Short-run aggregate supply
    3. Long-run aggregate supply
  3. Macroeconomic policies
    1. Expansionary fiscal policy
    2. Contractionary fiscal policy
    3. Expansionary monetary policy
    4. Contractionary monetary policy
    5. Supply-side policies

Year 13 Microeconomics

  1. Market structures
  2. Labour markets

Year 13 Macroeconomics

  1. Exchange rates
  2. Current account
  3. Free trade
  4. Protectionism
  5. Economic development