A4-Cover-AQA-AS

AS AQA economics revision guide

£5.00

  • E-book. It comes in pdf format and is sent immediately after purchase.
  • Specific AQA AS economics revision guide (unit 1 + 2) – just £5.00
  • Updated for the new AQA economics syllabus (first exam 2016)
  • Trademark simplicity and clarity of presentation.
  • Significantly expanded on previous version, with not just required knowledge, but also examples of evaluation for each topic.
  • For schools – See: Network License – AS AQA Economics (£45.00)

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Product Description

Product Information

  • 104 pages – 19,000 words of revision notes for AQA AS economics.
  • The revision guide includes detailed notes on all main topics.
  • All relevant diagrams to explain concepts.
  • Suggestions for evaluation that can be used in exam.
  • Only £5.00 for individual license.
  • View: 2 page sample AS revision guide

 

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Table of Contents:

Unit 1- microeconomics

  • Economic methodology
    • The nature and purpose of economic activity
    • Economic resources
    • Opportunity cost
  • Production possibility frontiers (PPF)
  • Demand
  • Elasticity
    • Price elasticity of demand (PED)
    • Using knowledge of elasticity
    • Income elasticity of demand (YED)
    • Cross elasticity of demand    (XED)
  • Supply
  • Shifts in the supply curve
  • Price elasticity of supply (PES)
  • Market equilibrium
  • Consumer and producer surplus
  • Production and productivity
    • Specialisation, division of labour and exchange
    • Costs of production
    • Economies of scale
    • Revenue
    • Profit
  • Competitive and concentrated markets
    • Market structures
    • Objectives of firms
    • Perfect competition
    • Monopoly
  • Price mechanism
  • Market Failure
    • Externalities and social efficiency
    • Negative externality
    • Positive externality
    • Public good
    • Merit good
    • Demerit good
    • Inequality
  • Government intervention to correct market failure
    • Tax
    • Subsidy
    • Maximum prices
    • Minimum prices
    • Tradeable pollution permits
    • State provision of public services
  • Government failure

Unit 2 – macroeconomics

  • Macro economic objectives
  • Macroeconomic indicators
  • Index numbers
  • Circular flow of income
    • Injections  (J)
    • Withdrawals (W)
    • Equilibrium national income
  • Aggregate demand
    • Consumer spending (C)
    • Investment
    • Government expenditure (G)
    • Net trade (X-M)
    • The Multiplier
  • Aggregate supply (AS)
    • Short run and long run
    • Factors affecting SRAS
    • Long run aggregate supply (LRAS)
  • Economic growth
    • Economic cycle
    • Output gaps
  • Unemployment
    • Economic costs of unemployment
    • Measuring unemployment
    • Causes of unemployment
    • Policies to reduce unemployment
  • Inflation
    • Measuring inflation
    • Effects and costs of inflation
    • Causes of inflation
  • The balance of payments
    • Current account
    • Factors that cause a current account deficit
    • Policies to reduce a balance of payments deficit
    • Effect of a current account deficit in the UK
  • Conflicts and trade-offs between objectives and policies
  • Demand side policies
  • Monetary policy
    • Evaluation of monetary policy
  • Fiscal policy
    • Evaluation of fiscal policy
    • Public sector net debt PSND (The National Debt)
    • Government borrowing
    • Taxation
  • Supply side policies
    • Evaluation of supply side policies

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