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Economics (9640)
18 sections available · 89 chapters available
Free Economics (9640) revision notes for Oxford AQA International A-level students. Each chapter covers a key topic with worked examples and practice prompts you can take straight into the thinka app.
The operation of markets, market failure and the role of government
The economic problem and methodology
How markets work
An introduction to production, costs, revenue and profit
Competitive and concentrated markets
Market failure and government intervention in markets
The measurement of macroeconomic performance
How the macroeconomy works
Economic performance
Macroeconomic policy
The objectives of individuals and firms
Costs, revenue and profits
Perfect competition, imperfectly competitive markets and monopoly
Market structures
Perfect competition
Monopolistic competition
Oligopoly
Monopoly and monopoly power
Price discrimination
Contestable markets
The dynamics of competition and competitive market processes
Static efficiency, dynamic efficiency and resource allocation
Consumer and producer surplus
Competition policy
Public ownership, privatisation, regulation and deregulation of markets
The labour market
The demand for labour, marginal productivity theory
The supply of labour to different labour markets
The determination of relative wage rates and levels of employment in perfectly competitive labour markets
The determination of relative wage rates and levels of employment in imperfectly competitive labour markets
Discrimination in the labour market
Minimum wage laws
Poverty and inequality
Globalisation and trade
The balance of payments, exchange rates and financial markets
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