AS and A-level Economics Specifications for first teaching in 2015
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AS Economics7135
2.0 Specification at a glance
Subject content
The operation of markets and market failure
- 1 Economic methodology and the economic problem
- 2 Price determination in a competitive market
- 3 Production, costs and revenue
- 4 Competitive and concentrated markets
- 5 The market mechanism, market failure and government intervention in markets
The national economy in a global context
- 6 The measurement of macroeconomic performance
- 7 How the macroeconomy works : the circular flow of income, AD/AS analysis, and related concepts
- 8 Economic performance
- 9 Macroeconomic policy
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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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 |
Assessed
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Questions
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All the question papers are compulsory