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A Level Economics

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Course Content

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01 Scarcity, choice and opportunity cost
02 Economic methodology
03 Factors of production
04. Resource allocation in different economic systems
05 Production possibility curves
06 Classification of goods and services End-of-unit exam-style questions
07 Demand and supply curves
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08 Price elasticity, income elasticity and cross elasticity of demand
09 Price elasticity of supply
10 The interaction of demand and supply
11 Consumer and producer surplus
12 Reasons for government intervention in markets
13 Methods and effects of government intervention in markets
14 Addressing income and wealth inequality
15 National income statistics
16 Introduction to the circular flow of income
17 Aggregate demand and aggregate supply analysis
18 Economic growth
19 Unemployment
20 Price stability
21 Government macroeconomic policy objectives
22 Fiscal policy
23 Monetary policy
24 Supply-side policy
25 The reasons for international trade
26 Protectionism
27 Current account of the balance of payments
28 Exchange rates
29 Policies to correct imbalances in the current account of the balance of payments
30 Utility
31 Indifference curves and budget lines