A Level Economics, mapped.
Free, exam focused notes across the whole H1 and H2 syllabus, written from ETG's analysis of the last ten years of papers. Pick a topic to start.
45 chapters across 11 topics
Microeconomics
Scarcity, opportunity cost and the production possibility curve.
- Scarcity and the Central Economic Problem
- Opportunity Cost
- The Production Possibility Curve
- Rational Decision Making
The price mechanism, market equilibrium, surplus, controls and taxes.
- Demand and Supply Analysis
- The Price Mechanism and Its Functions
- Consumer and Producer Surplus
- Price Controls: Ceilings and Floors
- Indirect Taxes and Subsidies
How responsive quantity is to price, income and the prices of other goods.
Open Elasticities →Externalities, public goods, information failure and government intervention.
- Allocative Efficiency and Market Failure
- Externalities
- Public Goods
- Merit and Demerit Goods
- Asymmetric Information
- Government Intervention in Markets
Costs and economies of scale, competition, monopoly and oligopoly.
- Costs and Economies of Scale
- Perfect Competition
- Monopoly
- Oligopoly
- Price Discrimination
- Barriers to Entry
- The Objectives of Firms
Macroeconomics
The circular flow, aggregate demand and supply, and the multiplier.
Open Introduction to Macroeconomics →GDP, measuring inflation, the standard of living and the Gini coefficient.
Open Macro Indicators and Standard of Living →Economic growth, unemployment and inflation.
Open Macro Issues →Fiscal, monetary, exchange rate and supply side policy.
Open Macro Policies →Comparative advantage, protectionism and the balance of payments.
Open Trade and Globalisation →The MAS managed float, fiscal prudence and inclusive growth.
Open Singapore Application →