Description
Contents
- AS – 131 pages – 27,000 words
- A2 micro – 104 pages, 21,000 words
- A2 macro – 113 pages, 25,000 words
- Total revision guide – 348 pages – 73,000 words
- 216 pages, 50,000 words. All diagrams required
- View: Sample OCR Revision Guide
- Can be used on iPads and mobile devices and printed out
- Follows very closely new OCR syllabus – A Level in Economics (H460)
Revision guide in parts
- AS OCR economics (1st year) £4.50
- A2 OCR economics (2nd year not in AS) £4.50
Micro economics – Unit 01 (H460/01)
- The basic economic problem
- Opportunity cost
- Production possibility frontiers (PPF)
- Specialisation and trade
- Allocation of resources
- Types of economic systems
- The objectives of economic agents
- Supply and demand
- Elasticity
- Consumer and producer surplus
- Types of efficiency
- Business objectives
- Costs of production
- Law of diminishing returns
- Revenue
- Profit
- Perfect competition
- Monopolistic competition
- Oligopoly
- Collusion
- Monopoly
- Price discrimination
- Contestable markets
- Mergers
- Competition policy
- Labour markets
- Monopsony
- Trades Unions
- National minimum wage
- Labour market issues
- Wealth and Income Inequality
- Market Failure
- Public goods
- Externalities and social efficiency
- Merit good
- Demerit good
- Moral hazard
- Environment
- Government intervention to correct market failure
- Cost-benefit analysis (CBA)
- Government Failure
Macro economics – Unit 2 (H460/02)
- Table of Contents
- Economic growth
- Macro-economic objectives of government
- Recessions
- Economic development
- Economic growth and happiness
- Circular flow of income
- Aggregate demand
- Accelerator effect
- Aggregate supply
- Macroeconomic equilibrium
- Economic cycle
- The Multiplier
- Output gaps
- Trends in macroeconomic indicators
- Unemployment and employment
- Inflation and deflation
- Income distribution and welfare
- Fiscal policy
- Government borrowing
- Monetary policy
- Quantitative easing
- Liquidity trap
- Supply side policies
- Policy conflicts
- Approaches to macroeconomics
- Globalisation
- Multinational companies
- Impact of emerging economies
- Trade
- International competitiveness
- The balance of payments
- Exchange rates
- Euro/ Monetary union
- Economic integration
- The financial sector
- Interest rates
- The role of the central bank
- Regulation of the financial system
Themes in economics unit 3 – (H460/03)
This component has no specific content but uses existing content from both micro (01) and macroeconomics (02)
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