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A-LEVEL Exam A-LEVEL Economics
4.1.1.1 Economic methodology
4.1.1.2 The nature and purpose of economic activity
4.1.1.3 Economic resources
4.1.1.4 Scarcity, choice and the allocation of resources
4.1.1.5 Production possibility diagrams
4.1.2.2 Imperfect information
4.1.3.1 The determinants of the demand for goods and services
4.1.3.3 The determinants of the supply of goods and services
4.1.3.4 Price elasticity of supply
4.1.3.5 The determination of equilibrium market prices
4.1.3.6 The interrelationship between markets
4.1.4.1 Production and productivity
4.1.4.2 Specialisation, division of labour and exchange
4.1.4.4 Costs of production
4.1.4.7 Profit
4.1.4.8 Technological change
4.1.5.1 Market structures
4.1.5.3 Perfect competition
4.1.5.4 Monopolistic competition
4.1.5.5 Oligopoly
4.1.5.6 Monopoly and monopoly power
4.1.5.7 Price discrimination
4.1.5.8 The dynamics of competition and competitive market processes
4.1.5.9 Contestable and non-contestable markets
4.1.5.10 Market structure, static efficiency, dynamic efficiency and resource allocation
4.1.5.11 Consumer and producer surplus
4.1.6.1 The demand for labour, marginal productivity theory
4.1.6.2 Influences upon the supply of labour to different markets
4.1.6.3 The determination of relative wage rates and levels of employment in perfectly competitive labour markets
4.1.6.4 The determination of relative wage rates and levels of employment in imperfectly competitive labour markets
4.1.6.7 Discrimination in the labour market
4.1.7.1 The distribution of income and wealth
4.1.7.2 The problem of poverty
4.1.7.3 Government policies to alleviate poverty and to influence the distribution of income and wealth
4.1.8.1 How markets and prices allocate resources
4.1.8.2 The meaning of market failure
4.1.8.4 Positive and negative externalities in consumption and production
4.1.8.5 Merit and demerit goods
4.1.8.6 Market imperfections
4.1.8.7 Competition policy
4.1.8.8 Public ownership, privatisation, regulation and deregulation of markets