UK · Subject guide
Economics
A-Level Economics (AQA 7136), against the DfE/Ofqual subject content.
01 · Overview
Economics
A-Level Economics (AQA 7136), against the DfE/Ofqual subject content.
- Subject guide
- A-Levels
- Topics mapped
- 14
02 · Complete topic map
Complete topic map
Every topic recorded for this subject in the curriculum is reproduced below in its full hierarchy. The descriptions reflect the mapped scope without implying additional exam rules.
- 01
Economic methodology and the economic problem
Introduces economics as a social science, the nature of scarcity, choice and opportunity cost, and how production possibility frontiers illustrate the allocation of finite resources.
- 02
Individual economic decision making
Examines consumer behaviour, utility, demand and the insights of behavioural economics into why people do not always act as rational maximisers.
- 03
Price determination in a competitive market
Covers how demand, supply, elasticities and the price mechanism interact to set prices and allocate resources in competitive markets.
- 04
Production, costs and revenue
Explores the relationship between inputs and outputs, the law of diminishing returns, economies of scale, and the cost, revenue and profit positions of firms.
- 05
Perfect competition, imperfectly competitive markets and monopoly
Analyses how different market structures, from perfect competition through monopolistic competition and oligopoly to monopoly, affect firm conduct, pricing and efficiency.
- 06
The labour market
Studies the demand for and supply of labour, wage determination, the effects of imperfections such as trade unions and monopsony, and government intervention in labour markets.
- 07
The distribution of income and wealth: poverty and inequality
Considers how income and wealth are distributed, the causes and measurement of poverty and inequality, and policies that affect them.
- 08
The market mechanism, market failure and government intervention in markets
Examines causes of market failure such as externalities, public goods and information gaps, and the policies governments use to correct them, including the risk of government failure.
- 09
The measurement of macroeconomic performance
Introduces the key macroeconomic indicators including economic growth, inflation, unemployment and the balance of payments, and how they are measured.
- 10
How the macroeconomy works: the circular flow of income, AD/AS analysis and related concepts
Develops the circular flow of income and aggregate demand and aggregate supply model to explain how the macroeconomy operates.
- 11
Economic performance
Analyses the determinants of economic growth, employment, inflation and macroeconomic equilibrium, and the trade-offs between policy objectives over the economic cycle.
- 12
Financial markets and monetary policy
Explores the role of money and financial markets, the functions of central banks, and how monetary policy is used to influence the economy.
- 13
Fiscal policy and supply-side policies
Examines government spending, taxation and budget positions alongside supply-side measures designed to improve the economy's productive potential.
- 14
The international economy
Covers globalisation, international trade and protectionism, exchange rates, the balance of payments and the economics of development.
03 · Where this subject applies
Where this subject applies
These pathways and regions are explicitly connected to the subject in the curriculum.
Pathways and specifications
AS-Level
Advanced Subsidiary — the first year of A-Level study (standalone or first half of the full A-Level).
A-Level (A2)
The full Advanced Level — AS content plus the second-year A2 content.
Nations and regions
All registered regions
04 · Official sources
Official sources
The public sources below are referenced directly by this subject or by one of its topics.
This editorial selection points to the relevant official bodies. Always confirm current requirements, dates and amendments with your school or college and the appropriate awarding organisation.
2
Public references
UK · EuraStudy Guides
Place this subject inside the complete curriculum.
Open the curriculum guide to see every subject and topic, or continue to EuraStudy Summa to begin working with the material.