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Economics - H060
6 sections available · 27 chapters available
Free Economics - H060 study notes for Cambridge OCR AS Level students. Each chapter below covers a key topic with worked examples and practice prompts you can take into the thinka app.
Introduction to Microeconomics
The economic problem
The allocation of resources
Opportunity cost
The role of markets
Specialisation and trade
Demand
Supply
Consumer and producer surplus
The interaction of markets
Elasticity
Market failure and externalities
Government intervention
Aggregate demand and aggregate supply
Circular flow of income
Aggregate demand
Aggregate supply
The interaction of aggregate demand and supply
Economic policy objectives
Economic growth
Development
Employment
Inflation
Balance of payments
Trends in macroeconomic indicators
Implementing policy
Fiscal policy
Monetary policy
Supply side policy
Policy conflicts
The global context
International trade
Exchange rates
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