Spec 7135
AQA AS Level Economics flashcards by topic: the key terms, economic models and real-world case studies you need to recall for Paper 1 and Paper 2.
1 Individuals, firms, markets and market failure
1.1 Economic methodology and the economic problem
1.3 Price determination in a competitive market
1.4 Production, costs and revenue
1.5 Perfect competition, imperfectly competitive markets and monopoly
1.8 The market mechanism, market failure and government intervention in markets
2 The national and international economy
2.1 The measurement of macroeconomic performance
2.2 How the macroeconomy works: the circular flow of income, aggregate demand/aggregate supply analysis and related concepts
2.3 Economic performance
2.5 Fiscal policy and supply-side policies