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Economics 7136
2 sections available · 14 chapters available
Free Economics 7136 study notes for AQA A Level students. Each chapter covers a key topic with examples and practice prompts you can continue inside the thinka app.
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
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