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Economics (9708)

18个单元

Basic economic ideas and resource allocation (AS Level)

Scarcity, choice and opportunity cost
Economic methodology
Factors of production
Resource allocation in different economic systems
Production possibility curves
Classification of goods and services

The price system and the microeconomy (AS Level)

Demand and supply curves
Price elasticity, income elasticity and cross elasticity of demand
Price elasticity of supply
The interaction of demand and supply
Consumer and producer surplus

Government microeconomy intervention (AS Level)

Reasons for government intervention in markets
Methods and effects of government intervention in markets
Addressing income and wealth inequality

The Macroeconomy (AS Level)

National income statistics
Introduction to the circular flow of income
Aggregate Demand and Aggregate Supply analysis
Economic growth
Unemployment
Price stability

Government macroeconomic intervention (AS Level)

Government macroeconomic policy objectives
Fiscal policy
Monetary policy
Supply-side policy

Government macroeconomic intervention (AS Level)

Government macroeconomic policy objectives
Fiscal policy
Monetary policy
Supply-side policy

International economic issues (AS Level)

The reasons for international trade
Protectionism
Current account of the balance of payments
Exchange rates
Policies to correct imbalances in the current account of the balance of payments

International economic issues (AS Level)

The reasons for international trade
Protectionism
Current account of the balance of payments
Exchange rates
Policies to correct imbalances in the current account of the balance of payments

The price system and the microeconomy (A Level)

Utility
Indifference curves and budget lines
Efficiency and market failure
Private costs and benefits, externalities and social costs and benefits
Types of cost, revenue and profit, short-run and long-run production
Different market structures
Growth and survival of firms
Differing objectives and policies of firms

The price system and the microeconomy (A Level)

Utility
Indifference curves and budget lines
Efficiency and market failure
Private costs and benefits, externalities and social costs and benefits
Types of cost, revenue and profit, short-run and long-run production
Different market structures
Growth and survival of firms
Differing objectives and policies of firms

Government microeconomic intervention (A Level)

Government policies to achieve efficient resource allocation and correct market failure
Equity and redistribution of income and wealth
Labour market forces and government intervention

Government microeconomy intervention (A Level)

Government policies to achieve efficient resource allocation and correct market failure
Equity and redistribution of income and wealth
Labour market forces and government intervention

The Macroeconomy (A Level)

The circular flow of income
Economic growth and sustainability
Employment/unemployment
Money and banking

The macroeconomy (A Level)

The circular flow of income
Economic growth and sustainability
Employment/unemployment
Money and banking

Government macroeconomic intervention (A Level)

Government macroeconomic policy objectives
Links between macroeconomic problems and their interrelatedness
Effectiveness of policy options to meet all macroeconomic objectives

Government macroeconomic intervention (A Level)

Government macroeconomic policy objectives
Links between macroeconomic problems and their interrelatedness
Effectiveness of policy options to meet all macroeconomic objectives

International economic issues (A Level)

Policies to correct disequilibrium in the balance of payments
Exchange rates
Economic development
Characteristics of countries at different levels of development
Relationship between countries at different levels of development
Globalisation

International economic issues (A Level)

Policies to correct disequilibrium in the balance of payments
Exchange rates
Economic development
Characteristics of countries at different levels of development
Relationship between countries at different levels of development
Globalisation

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