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【优选笔记】9708 A LEVEL经济

发表于 2022-9-11 21:56:51 | 显示全部楼层 |阅读模式

9708 AS revision notes z-notes
9708 A2 revision notes z-notes

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9708 AS P1 P2优选笔记
9708 A2 P3 P4优选笔记

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★AS Level 经济定义与笔记
Basic Economic Ideas and Resource Allocation
a) Scarcity, choice and opportunity cost
b) Positive and normative statements
c) Factors of production
d) Resource allocation in different economic systems and issues of transition
e) Production possibility curves
f) Money
g) Classification of goods and services
Price System and the Microeconomy
a) Demand and supply curves
b) Price elasticity, income elasticity and cross-elasticities of demand
c) Price elasticity of supply
d) and e) Interaction of demand and supply and market equilibrium
f) Consumer and producer surplus
Government Microeconomic Intervention
a) Maximum and minimum prices
b) Taxes (direct and indirect)
c) Subsidies
d) Transfer payments
e) Direct provision of goods and services
f) Nationalisation and privatisation
The Macroeconomy
Contextual Analysis
Contextual Analysis
a) Aggregate demand (AD) and aggregate supply (AS) analysis
b) Inflation
c) Balance of payments
d) Exchange rates
e) The terms of trade
f) Principles of absolute and comparative advantage
g) Protectionism
Government Macroeconomic Intervention
Contextual Analysis
a) Types of policy fiscal policy, monetary policy and supply-side policy
b) Policies to correct balance of payments disequilibrium
c) Policies to correct inflation and deflation

★A Level 经济定义与笔记
A2 Level Economics definitions
A2 Level Economics theory notes

Basic Economic Ideas and Resource Allocation
Contextual Analysis - Macroeconomics
Contextual Analysis - Microeconomics
a) Efficient resource allocation
b) Externalities and market failure
c) Social costs and benefits, cost-benefit analysis
Price System and the Microeconomy
a) Law of diminishing marginal utility
b) Indifference curves and budget lines
c) Types of cost, revenue and profit, short-run and long-run production
d) Different market structures
e) Growth and survival of firms
f) Differing objectives of a firm
Government Microeconomic Intervention
a) Policies to achieve efficient resource allocation and correct market failure
b) Equity and policies towards income and wealth redistribution
c) Labour market forces and government intervention
d) Government failure in microeconomic intervention
The Macroeconomy
Contextual Analysis
a) Economic growth, economic development and sustainability
b) National Income statistics
c) Classification of countries
d) Employment and unemployment
e) The circular flow of income
f) Money supply (theory)
g) Keynesian and Monetarist schools
h) The demand for money and interest rate determination
i) Policies towards developing economies, policies of trade and aid
Government Macroeconomic Intervention
Contextual Analysis
a) Government macro policy aims
b) Inter-connectedness of problems
c) Effectiveness of policy options to meet all macroeconomic objectives

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