Specification at a glance
AS
Subject content
The operation of markets and market failure
The national economy in a global context
Assessments
| Paper 1: The operation of markets and market failure |
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What's assessed Content 1–5 above |
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Assessed
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Questions
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| Paper 2: The national economy in a global context |
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What's assessed Content 6–9 above |
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Assessed
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Questions
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All the question papers are compulsory
A-level
Subject content
Individuals, firms, markets and market failure
- 1 Economic methodology and the economic problem
- 2 Individual economic decision making
- 3 Price determination in a competitive market
- 4 Production, costs and revenue
- 5 Perfect competition, imperfectly competitive markets and monopoly
- 6 The labour market
- 7 The distribution of income and wealth: poverty and inequality
- 8 The market mechanism, market failure and government intervention in markets
The national and international economy
Assessments
| Paper 1: Markets and market failure |
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What's assessed Content 1–8 above |
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Assessed
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Questions
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| Paper 2: National and international economy |
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What's assessed Content 9–14 above |
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Assessed
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Questions
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| Paper 3: Economic principles and issues |
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What's assessed All content 1–14 above |
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Assessed
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Questions
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All the question papers are compulsory
