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Economics cover artwork
  1. A Level
  2. Flashcards

Economics Flashcards

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Economics cover artwork
  1. A Level
  2. Flashcards

Economics Flashcards

Spec 9EC0

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Edexcel A A Level Economics flashcards by topic: the key terms, economic models and case studies you need to recall for Paper 1, Paper 2 and Paper 3.

1 Introduction to markets and market failure

1.1 Nature of economics

1.2 How markets work

1.3 Market failure

1.4 Government intervention

2 The UK economy – performance and policies

2.1 Measures of economic performance

2.2 Aggregate demand (AD)

2.3 Aggregate supply (AS)

2.4 National income

2.5 Economic growth

2.6 Macroeconomic objectives and policies

3 Business behaviour and the labour market

3.1 Business growth

3.2 Business objectives

3.3 Revenues, costs and profits

3.4 Market structures

3.5 Labour market

3.6 Government intervention

4 A global perspective

4.1 International economics

4.2 Poverty and inequality

4.3 Emerging and developing economies

4.4 The financial sector

4.5 Role of the state in the macroeconomy