AQA economics A level revision guide

Description

AQA A-level Economics Revision Guide (Themes 1, 2, 3 & 4)

Pass AQA A-level Economics with confidence using this clear, concise and exam-focused revision guide.

Designed for students who want to improve exam technique and achieve higher grades, this guide explains key topics in a simple, accessible way while also developing the evaluation skills needed for top marks.

What this guide covers

• Full AQA A-level Economics specification (Themes 1–4)
• Micro and macro topics explained clearly
• Key diagrams and essential theory
• Help to prepare model answers
• Data of UK economy to help with data response

Why this guide works

• Simplifies complex topics into clear explanations
• Focuses on what examiners are looking for
• Helps you structure higher-level answers
• Builds confidence for exams

Who this is for

• AQA A-level Economics students
• Teachers wanting to provide a comprehensive set of notes for students.
• Students aiming to improve exam performance

Instant access

• This is a digital e-book (PDF), available immediately after purchase.

For schools and colleges

Network Licence – AQA A-level Economics (£115.00)
Allows unlimited use within a single educational establishment.

Student feedback

“Really high quality revision guide, great to have all notes in one place – much clearer than the textbook.”

• A-Level Micro – 102 pages – 22,000
• A-Level Macro – 112 pages – 24,000
• Total revision guide: 209 pages – 65,000 words
• Last updated 3 April 2026

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👉  Sample AQA A Level Revision Guide

Micro economics

Economic methodology 4.1.1

• Economic methodology
• The nature and purpose of economic activity
• Economic resources
• Scarcity and choice
• Production possibility diagrams

Individual economic decision making 4.1.2

• Consumer behaviour
• Imperfect information
• Aspects of behavioural economics
• Behavioural economics and economic policy

Price determination in competitive market 4.1.3

• Demand
• Price, income and cross elasticity of demand
• Supply
• Price elasticity of supply
• Market equilibrium
• Relationship between markets

Production, costs and revenue 4.1.4

• Production and productivity
• Specialisation, division of labour and exchange
• Law of diminishing returns and returns to scale
• Costs of production
• Economies and diseconomies of scale
• Revenue
• Profit
• Technological change

Market structures 4.1.5

• Market structures
• Objectives of firms
• Perfect competition
• Monopolistic competition
• Oligopoly
• Monopoly
• Price discrimination
• Dynamics of competition
• Contestable markets
• Efficiency
• Consumer and producer surplus

Labour markets 4.1.6

• Demand for labour, marginal productivity theory
• Supply of labour
• Wage determination
• Market failure in labour markets
• Trades unions
• National minimum wage
• Discrimination in labour markets
• Distribution of income and wealth
• Poverty
• Policies to overcome poverty

Market mechanism 4.1.8

• Market mechanism
• Market failure
• Public goods
• Externalities
• Merit / demerit goods
• Market imperfections
• Competition policy
• Privatisation / public ownership
• Government intervention in markets
• Government failure

Macro economics

4.2.1. The measurement of macroeconomic performance

• 2.1 The measurement of macroeconomic performance
• 2.1.1 The objectives of government economic policy
• 2.1.2 Macroeconomic indicators
• 2.1.3 Uses of index numbers
• 2.1.4 Uses of national income data

4.2.2. How the macroeconomy works

• 2.2.1 The circular flow of income
• 2.2.2 AD/AS analysis
• 2.2.3 The determinants of AD
• 2.2.4 AD and the level of economic activity
• 2.2.5 Determinants of short-run aggregate supply
• 2.2.6 Determinants of long-run aggregate supply

4.2.3 Economic performance

• 2.3.1 Economic growth and the economic cycle
• 2.3.2 Employment and unemployment
• 2.3.3 Inflation and deflation
• 2.3.4 Possible conflicts between macroeconomic policy objectives

4.2.4 Financial markets and monetary policy

• 2.4.1 The structure of financial markets and financial assets
• 2.4.2 Commercial banks and investment banks
• 2.4.3 Central banks and monetary policy
• 2.4.4 The regulation of the financial system

4.2.5 Fiscal policy and supply-side policies

• 2.5.1 Fiscal policy
• 2.5.2 Supply-side policies

4.2.6 The international economy

• 2.6.1 Globalisation
• 2.6.2 Trade
• 2.6.3 The balance of payments
• 2.6.4 Exchange rate systems
• 2.6.5 Economic growth and development

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