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AQA A-Level Economics - Year 1 Microeconomics Knowledge Organiser

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What are some of the Key Roles of the Entrepreneur in Contemporary Economies?

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4.1.3.1 Determinants of Demand for Goods and Services

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4.1.2.2 The Importance of Information for Decision Making

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What is the difference between human capital and physical capital?

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Fiscal Policy - examine the significance of changes in government spending in an economy such as the UK

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Market Failure and Government Failure: Could a tax curb meat’s health and environmental problems?

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What is the difference between tight and loose monetary policy?

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Market and Government Failure: Outright Bans on Cigarettes

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What are the potential problems in a government setting a guaranteed minimum price for farmers in low-income countries?

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Explain why global food manufacturers often have monopsony power over small scale farmers in poorer countries

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Why is youth unemployment often very high in low and middle income countries?

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Identify market-orientated drivers of growth and development (Edexcel)

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“The education system is the main driver of growth and development in Vietnam.” Evaluate this statement

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What is the Kuznets Inequality Curve?

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Does globalisation lead to rising income and wealth inequality?

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To what extent are high fertility rates evidence for low economic development?

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4.5.2 Taxation (Edexcel)

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4.5.1 Public Expenditure (Edexcel)

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4.4.3 Roles of Central Banks (Edexcel)

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Economics

Study Notes

AQA A-Level Economics - Year 1 Microeconomics Knowledge Organiser

What are some of the Key Roles of the Entrepreneur in Contemporary Economies?

4.1.3.1 Determinants of Demand for Goods and Services

4.1.2.2 The Importance of Information for Decision Making

What is the difference between human capital and physical capital?

Fiscal Policy - examine the significance of changes in government spending in an economy such as the UK

Market Failure and Government Failure: Could a tax curb meat’s health and environmental problems?

What is the difference between tight and loose monetary policy?

Market and Government Failure: Outright Bans on Cigarettes

What are the potential problems in a government setting a guaranteed minimum price for farmers in low-income countries?

Explain why global food manufacturers often have monopsony power over small scale farmers in poorer countries

Why is youth unemployment often very high in low and middle income countries?

Identify market-orientated drivers of growth and development (Edexcel)

“The education system is the main driver of growth and development in Vietnam.” Evaluate this statement

What is the Kuznets Inequality Curve?

Does globalisation lead to rising income and wealth inequality?

To what extent are high fertility rates evidence for low economic development?

4.5.2 Taxation (Edexcel)

4.5.1 Public Expenditure (Edexcel)

4.4.3 Roles of Central Banks (Edexcel)

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