Economic Problem | 4.1.1 | AQA A-Level Economics Notes
4.1.1 Economic Methodology and the Economic Problem
• Economics is a social science. We can’t conduct experiments like
Behavioural Economics | 4.1.2 | AQA A-Level Economics Notes
4.1.2.1 Consumer Behaviour
* Economic agents respond to incentives. For entrepreneurs, the incentive is profit, whilst buyers respond
Demand, Supply, Elasticity | 4.1.3 | AQA A-Level Economics Notes
4.1.3.1 The Determinants of the Demand for Goods and Services
* Demand is the quantity of a good
Economies of Scale, Specialisatiion, Costs | 4.1.4 | Microeconomics | AQA A-Level Economics Notes
4.1.4.1 Production and Productivity
* Production is a process where inputs, such as factors of production, are converted
Market Structures | 4.1.5 | Microeconomics | AQA A-Level Economics Notes
4.1.5.1 Market Structures
* There is a spectrum of market structures ranging from perfect competition to pure monopoly.
Particle Model of Matter | AQA GCSE Physics | Topic 3
AQA GCSE Physics Notes for Topic 3 - Particle Model of Matter, guaranteed to get you a GRADE 9
Labour Markets | 4.1.6 | Microeconomics | AQA A-Level Economics Notes
4.1.6.1 The Demand for Labour, Marginal Productivity Theory
* The demand for a factor is derived demand from
The Distribution of Income and Wealth: Poverty and Inequality | 4.1.7 | Microeconomics | AQA A-Level Economics Notes
4.1.7.1 The Distribution of Income and Wealth
* Income is a flow of money.
* Wealth is a stock
Market Failure and Government Intervention | 4.1.8 | Microeconomics | A-Level Economics Notes
4.1.8.1 How Markets and Prices Allocate Resources
• The price mechanism determines the market price (Adam Smith’s
Energy Changes | AQA GCSE Chemistry Notes | Topic 5
AQA GCSE Chemistry Notes for Topic 5 - Energy Changes, guaranteed to get you a GRADE 9