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Economics 7136
4 sections available · 14 chapters available
Free Economics 7136 revision notes for AQA A Level students. Each chapter covers a key topic with worked examples and practice prompts you can take straight into the thinka app.
Individuals, firms, markets and market failure (
4.1 Individuals, firms, markets and market failure
Economic methodology and the economic problem
Individual economic decision making
Price determination in a competitive market
Production, costs and revenue
Perfect competition, imperfectly competitive markets and monopoly
The labour market
The distribution of income and wealth: poverty and inequality
The market mechanism, market failure and government intervention in markets
4.2 The national and international economy
The measurement of macroeconomic performance
How the macroeconomy works: the circular flow of income, AD/AS analysis and related concepts
Economic performance
Financial markets and monetary policy
Fiscal policy and supply-side policies
The international economy
The national and international economy
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