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AQA A-Level Economics

This class was created by Brainscape user Faith Woodruffe-Peacock. Visit their profile to learn more about the creator.

By: Faith Woodruffe-Peacock
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Decks in this class (14)

1.1 Economic methodology and the economic problem
Scarcity 1,
Fundamental economic problem 2,
Value judgement 3
42  cards
1.2 Individual economic decision making
Rational behaviour 1,
What does traditional economic th...,
Economic good 3
47  cards
1.3 Price determination in a competitive market
Law of demand 1,
Market 2,
Price 3
72  cards
1.4 Production, costs, and revenue
Production 1,
Factors of production 4 2,
Total cost 3
102  cards
1.5 Perfect competition, imperfectly competitive markets, and monopoly
Market 1,
Market structure 2,
Price taker 3
110  cards
1.6 The labour market
Labour 1,
Wages 2,
Law of diminishing returns 3
83  cards
1.7 The distribution of income and wealth; poverty and inequality
Income 1,
Wealth 2,
Distribution of income 3
42  cards
1.8 The market mechanism, market failure, and government intervention in markets
Market mechanism 1,
Price mechanism 2,
Functions of the price mechanism 4 3
106  cards
2.1 The measurement of macroeconomic performance
Macroeconomics 1,
Gross domestic product gdp 2,
Inflation 3
28  cards
2.2 How the macroeconomy works: the circular flow of income, AD/AS analysis, and related concepts
Household 1,
Firm 2,
National income y 3
60  cards
2.3 Economic performance
Economic cycle 1,
Actual output 2,
Trend growth rate 3
63  cards
2.4 Financial markets and monetary policy
Monetary policy 1,
Policy instrument 2,
Central bank 3
81  cards
2.5 Fiscal policy and supply side policies
Fiscal policy 1,
Direct tax 2,
Income tax 3
50  cards
2.6 The international economy
Globalisation 1,
Causes of globalisation 6 2,
Export 3
99  cards

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AQA A-Level Economics

  • Class purpose General learning

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A Level Economics (AQA)
  • 81 decks
  • 2253 flashcards
  • 383 learners
Decks: 311 Economic Methodology And The Economi, 312 The Nature And Purpose Of Economic A, 313 Economic Resources, And more!
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