Individuals, Firms, Markets & Market Failure
25 hours218 questionsThe National & International Economy
29 hours228 questionsEconomic Principles and Issues
7 hours24 questions
Exam code: 7136
AQA A Level Economics exam questions and answers, organised by topic. Downloadable PDFs written by teachers and examiners.
Economic Methodology & the Economic Problem
Economic Methodology, Economic Activity, Economic Resources, Scarcity, Choice & the Allocation of Resources, Production Possibility Diagrams
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Individual Economic Decision Making
Consumer Behaviour, Imperfect Information, Behavioural Economics, Using Behavioural Economics
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Price Determination in Competitive Markets
Demand Curves, Demand Curves: Real World Analysis, Supply Curves, Supply Curves: Real World Analysis, The Determination of Market Equilibrium, Analysing Changes to Market Equilibrium, Price Elasticity of Demand (PED), Income & Cross Elasticities of Demand, Price Elasticity of Supply (PES), Interrelationships Between Markets
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Production, Costs & Revenue
Production & Productivity, Specialisation & Division of Labour, Diminishing Returns & Returns to Scale, Costs of Production, Explaining the Shapes of the Cost Curves, Economies & Diseconomies of Scale, Short-run & Long-run Relationships, Marginal, Average &Total Revenue, Profit, Technological Change
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Perfect & Imperfectly Competitive Markets & Monopolies
Market Structures, The Objectives of Firms, Perfect Competition, Monopolistic Competition, Oligopoly, Oligopoly: Price & Non-Price Competition, Monopoly & Monopoly Power, Price Discrimination, Competition & Competitive Market Processes, Contestable & Non-contestable Markets, Market Structure, Efficiency & Resource Allocation, Consumer & Producer Surplus
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The Labour Market
Factors Influencing the Demand for Labour, Factors Influencing the Supply of Labour, Determining Wage Rates: Competitive Labour Markets, Determining Wage Rates: Imperfectly Competitive Labour Markets, The Influence of Trade Unions on Wages & Employment, The National Minimum Wage (NMW), Discrimination in the Labour Market
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Income & Wealth Distribution
Income & Wealth Distribution, The Lorenz Curve & Gini Coefficient, The Problem of Poverty, Government Policies to Reduce Poverty & Inequity
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The Market Mechanism, Market Failure & Government Intervention
The Market (Price) Mechanism, An Introduction to Market Failure, Market Failure: Public, Private & Quasi Public Goods, Market Failure: Negative Externalities, Market Failure: Positive Externalities, Market Failure: Tragedy of the Commons, Market Failure: Merit & Demerit Goods, Market Failure: Market Imperfections, Government Intervention: An Introduction, Government Intervention: Indirect Taxation & Subsidies, Government Intervention: Price Controls, Government Intervention: Competition Policy, Government Intervention: Public Ownership Versus Privatisation, Government Intervention: Regulation & Deregulation, Government Intervention: Other Methods, Government Failure
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Measuring Macroeconomic Performance
Government Macroeconomic Objectives, Macroeconomic Objectives: Conflicts & Changes, Macroeconomic Indicators, Using Index Numbers, Using National Income Data
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How the Macroeconomy Works
The Circular Flow of Income, Injections & Withdrawals into the Circular Flow, Aggregate Demand (AD), Short-run Aggregate Supply (SRAS), Long-run Aggregate Supply (LRAS), Macroeconomic Equilibrium, The Multiplier & Basic Accelerator Process
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Economic Performance
Economic Growth, The Impact of Economic Growth, The Economic Cycle, Employment & Unemployment, Price Level: Inflation, Price Level: Deflation, Price Level: Global Influences, Conflicts Between the Macroeconomic Objectives
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Financial Markets & Monetary Policy
Financial Markets, Financial Assets, Commercial & Investment Banks, Central Banks & Monetary Policy, Monetary Policy Transmission Mechanisms, Regulating the Financial System
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Fiscal & Supply-Side Policies
Fiscal Policy: An Introduction, Fiscal Policy: Types of Public Expenditure & Taxation, Fiscal Policy: Budget Balances & National Debt, An Introduction to Supply-Side Policies, Types of Supply-Side Policies
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The International Economy
Globalisation, International Trade, The Benefits & Costs of Trade, Protectionist Policies: An Introduction, Protectionist Policies: Tariffs, Protectionist Policies: Quotas & Export Subsidies, Types of Economic Integration, The Balance of Payments, Correcting Balance of Payment Deficits & Surpluses, Floating Exchange Rate Systems, Fixed Exchange Rate Systems, Currency Unions, Economic Growth & Development, Factors that Affect Growth & Development, Policies to Promote Growth & Development
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