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Specially written study guide for the AQA Economics specification. Topic order follows the AQA 2019:

Section 1 - Microeconomics - Individuals, firms, markets and market failure.

The economic problem, opportunity cost, individual decision making, behavioural economics, price determination, elasticity; production, costs and revenue; technological change, government intervention. Business objectives, market structures: perfect competition, monopolistic competition, oligopoly, monopoly, monopsony, price discrimination, contestability, labour markets including monopsony and role of trade unions.

Section 2 - Macroeconomic - The national and international economy.

National income, the circular flow, aggregate demand and supply, equilibrium, inflation and deflation, unemployment, fiscal policy, monetary policy, supply-side policy, policy conflicts. Globalisation, trade, protectionism, balance of payments, exchange rates, economic development, global problems. The financial sector and financial regulation. 452pp, format PDF.

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Specially written study guide for the Edexcel Economics specification. Topic order follows the Edexcel 2019 specification, including:

Theme 1 – Introduction to markets and market failure.

The economic problem, the role of markets, functions of the price mechanism, elasticity, market failure, government intervention.

Theme 2 – The UK economy, performance and policies.

National income, the circular flow, aggregate demand and supply, equilibrium, inflation and deflation, unemployment, fiscal policy, monetary policy, supply-side policy, policy conflicts.

Theme 3 – Business behaviour and the labour market.

Business objectives, market structures: perfect competition, monopolistic competition, oligopoly, monopoly, monopsony, price discrimination, contestability.

Theme 4 – A global perspective.

Globalisation, trade, protectionism, balance of payments, exchange rates, economic development, global problems. 498 pp, format PDF.  

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Specially written study guide for the OCR Economics specification. Topic order follows the OCR 2019 specification, including:

Component 1 Microeconomics

The economic problem, opportunity cost, the role of markets, functions of the price mechanism, elasticity, market failure, government intervention. Business objectives, market structures: perfect competition, monopolistic competition, oligopoly, monopoly, monopsony, price discrimination, contestability, labour markets including monopsony and role of trade unions.

Component 2 Macroeconomic

National income, the circular flow, aggregate demand and supply, equilibrium, inflation and deflation, unemployment, fiscal policy, monetary policy, supply-side policy, policy conflicts. Globalisation, trade, protectionism, balance of payments, exchange rates, economic development, global problems. The financial sector and financial regulation. 437pp, format PDF.

 

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WTO rules

What exactly is the 'most favoured nation' rule?

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Model agencies collude to fix rates

Regulators find leading model agencies guilty of price fixing.

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Customs unions

Costs and benefits of customs unions.

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New materials

Multiple choice papers for Paper Three.

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Savings ratio

Savings ratio falls to lowest level on record.

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