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AS Economics Revision Notes

Sunday, October 21, 2012
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We've updated and extended our collection of revision notes to support all the main awarding body specifications for AS Economics. A master listing of each revision note is provided below and we will update this as new notes are added in the coming weeks.

AS Economics: Markets & Market Systems

Economic Resources 

Economic systems 

Scarcity & Choice 

Opportunity Cost 

Production Possibility Frontier

Specialisation & Trade 

Positive and Normative Statements 

Theory of Demand 

Consumer Rationality 

Theory of Supply 

Market Equilibrium Price 

Price Discrimination & Consumer Surplus

Price Elasticity of Supply

Income Elasticity of Demand

Cross Price Elasticity of Deman

Price Mechanism

Price Volatility in Markets

Inter-relationships Between Markets

Consumer Surplus

Producer Surplus

Market for Oil

Market for Copper

Market for Cocoa

Market for Coffee

Market for Labour 

Market for Coffee

AS Economics: Market Failure

Economies and Diseconomies of Scale 

Economic Efficiency 

Market Failure 

Competition & Monopoly 

Negative Externalities 

Positive Externalities 

Government intervention and Externalities 

Public  Goods and Private Goods 

Merit Goods 

Demerit goods 

Factor Immobility 

Imperfect Information 

Poverty & Inequality 

Indirect Taxation 

Producer Subsidies 

Maximum Prices 

Minimum Prices 

Buffer Stock Schemes 

Government Failure 

Economics of Health Care
 
AS Economics: Macroeconomics

Interpreting Economic Data 

Intro to UK Economy 

Economic Cycle 

Aggregate Demand

Kenesian Economics

Multiplier / Accelerator 

Aggregate Supply 

Macro Equilibrium 

Balance of Payments 

Capital Investment

Circular Flow of Income

Consumer Spending

Household Saving

Economic Development 

Economic Growth 

Measuring National Income 

Macro Objectives 

Inflation

Employment / Unemployment

Migration

Exchange Rates 

International Trade 

Fiscal Policy 

Monetary Policy 

Supply-side Policies 

Macro Objectives - Tradeoffs 

Macro Policy - Conflicts




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