AQA A level Physics May/June 2025

AQA A Level Economics May/June 2025
Course Description

This A-level Economics course is designed to equip students with a comprehensive understanding of economic principles and their application to real-world situations. Through rigorous study and analysis, students will develop critical thinking skills, problem-solving abilities, and a deep appreciation for the complexities of economic systems.

Key Topics

Microeconomics:
Demand, supply, and market equilibrium
Elasticity
Production theory
Costs of production
Market structures (perfect competition, monopoly, oligopoly, monopolistic competition)
Theory of the firm
Factor markets
Externalities and market failure
Government intervention
Macroeconomics:
National income and its measurement
Circular flow of income
Aggregate demand and supply
Money and banking
Inflation and unemployment
Economic growth and development
Balance of payments
Fiscal and monetary policy
International trade
Economic development
Assessment

The course will be assessed through two written examinations taken in May/June 2025. Each examination will be 2 hours long and will cover both microeconomics and macroeconomics topics.