This class was created by Brainscape user Tim Apologun. Visit their profile to learn more about the creator.

Flashcard maker: Tim Apologun

Decks in this class (18)

4.1.1.1 Economic methodology
Students should understand how thinking as an economist may differ from other forms of scientific enquiry.
14  cards
4.1.1.5 Production possibility diagrams
Students should be able to use production possibility diagrams to illustrate these features.
8  cards
4.1.2.1 Consumer behaviour
No deck description has yet been added by the author.
13  cards
3.1.2.1 The determinants of the demand for goods and services
Students should understand the factors that influence the spending decisions of consumers, including: price, income, wealth, the price of substitutes and complementary goods, and individual preferences. They should also appreciate that such decisions are influenced by social and emotional factors.
9  cards
PED YED XED
No deck description has yet been added by the author.
16  cards
4.1.3.3 The determinants of the supply of goods and services
3.1.2.6 The interrelationship between markets 3.1.2.4 Price elasticity of supply
16  cards
4.1.4.1 Production and productivity
No deck description has yet been added by the author.
8  cards
4.2.6.3 The balance of payments
Students should have a detailed knowledge of the structure of the current account of the balance of payments but only need a general appreciation of the other sections of the balance of payments account. Students should appreciate the difference between foreign direct investment (FDI) and portfolio investment.
11  cards
4.2.3.1 Economic growth and the economic cycle
No deck description has yet been added by the author.
4  cards
4.2.3.2 Employment and unemployment
No deck description has yet been added by the author.
6  cards
3.2.4 Macroeconomic policy
No deck description has yet been added by the author.
4  cards
Macroeconomic equilibrium.
No deck description has yet been added by the author.
7  cards
Inflation
No deck description has yet been added by the author.
3  cards
Common mistakes.
No deck description has yet been added by the author.
2  cards
4.1.5.6 Monopoly and monopoly power
No deck description has yet been added by the author.
12  cards
3.1.5.8 Government intervention in markets
The existence of market failure, in its various forms, provides an argument for government intervention in markets. Governments influence the allocation of resources in a variety of ways, including through public expenditure, taxation and regulations. Governments have a range of objectives and these affect how they intervene in a mixed economy to influence the allocation of resources. The use of indirect taxation, subsidies, price controls, state provision and regulation to correct market failur
0  cards
3.1.5.4 Positive and negative externalities in consumption and production
No deck description has yet been added by the author.
10  cards
Keywords with exam definitions
No deck description has yet been added by the author.
22  cards

More about
A-Level Economics AQA

  • Class purpose General learning

The creator of this class did not yet add a description for what is included in this class.

How studying works.

Brainscape's adaptive web mobile flashcards system will drill you on your weaknesses, using a pattern guaranteed to help you learn more in less time.

Add your own flashcards.

Either request "Edit" access from the author, or make a copy of the class to edit as your own. And you can always create a totally new class of your own too!

What's Brainscape anyway?

Brainscape is a digital flashcards platform where you can find, create, share, and study any subject on the planet.

We use an adaptive study algorithm that is proven to help you learn faster and remember longer.

Looking for something else?

A-LEVEL ECONOMICS AQA (MICROECONOMICS)
  • 6 decks
  • 76 flashcards
  • 15 learners
Decks: Economic Methodology, Ppd Product Possibility Diagrams, Consumer Behaviour, And more!
Make Flashcards