AQA Economics - A Level Study Notes

This collection brings together study notes linked to the AQA Economics Specification.

4.1.1 Economic methodology and the economic problem

4.1.1.1 Is Economics a Social Science? (AQA)

4.1.1.1 How value judgements influence economic decision making and policy (AQA)

4.1.1.1 Differences between Positive and Normative Statements (AQA)

4.1.1.1 Differences between Economics and Natural Sciences (AQA)

4.1.1.2 Central purpose of economic activity

4.1.1.2 The central purpose of economic activity

4.1.1.3 Economic Resources

4.1.1.3 Economic Resources

4.1.1.4 The Environment as a Scarce Economic Resource (AQA)

4.1.1.4 Scarcity, choice and the allocation of resources

4.1.1.4 What is opportunity cost?

4.1.1.5 Production Possibility Diagrams

4.1.1.5 Production Possibility Diagrams (AQA)

4.1.2 Individual Economic Decision Making

4.1.2.1 Consumer Behaviour - Utility Theory (AQA)

4.1.2 Individual Economic Decision Making (AQA)

4.1.2.3 Biases in Decision Making - Social Norms (AQA)

4.1.2.3 Biases in Decision Making - The Anchoring Effect (AQA)

4.1.2.3 Biases in Decision Making - Using Rules of Thumb (AQA)

4.1.2.3 Difference between bounded rationality and bounded self-control (AQA)

4.1.2.4 Behavioural economics and economic policy

4.1.2.4 Behavioural Economics - Choice Architecture (AQA)

4.1.2.4 Behavioural Economics - Restricted Choice and Mandated Choice (AQA)

4.1.2.3 Aspects of Behavioural Economic Theory (AQA Economics)

4.1.2.4 Behavioural economics and economic policy (AQA Economics)

4.1.2.2 Imperfect information

4.1.2.2 The Importance of Information for Decision Making

4.1.3.1 The determinants of the demand for goods and services

4.1.3.1 Determinants of Demand for Goods and Services

4.1.4 Production, costs and revenue

4.1.5.7 Price Discrimination (AQA Economics)

4.1.5.2 Business Objectives (AQA Economics)

4.1.4.8 Technological Change (AQA Economics)

4.1.4.7 Profit (AQA Economics)

4.1.4.4 Costs of production (AQA Economics)

4.1.4.3 Law of diminishing returns and returns to scale (AQA Economics)

4.1.4.2 Specialisation, division of labour and exchange (AQA Economics)

4.1.4.1 Production and Productivity (AQA Economics)

4.1.5 Perfect competition, imperfectly competitive markets and monopoly

4.1.5.1 Market structures (AQA Economics)

4.1.5.3 Perfect Competition (AQA Economics)

4.1.5.2 Objectives of Firms (AQA Economics)

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