(AQA) GCSE Economics – Knowness

Welcome to the GCSE Economics study guide for the AQA exam board! This study guide is structured to cover all of the topics in the AQA specification, providing you with all of the essential information you need for your GCSE examinations.

Course Content

Expand All

GCSE Economics 2 Topics Sample Module

Expand

Module Content

0% Complete 0/2 Steps

Introduction to GCSE Economics

Assessment Structure

1: How Markets Work

1.1 Economic Foundations 3 Topics Sample Module

Expand

Module Content

0% Complete 0/3 Steps

1.1.1 Economic Activity

1.1.2 The Factors of Production

1.1.3 Making Choices

1.2 Resource Allocation 3 Topics

Expand

Module Content

0% Complete 0/3 Steps

1.2.1 Markets and Allocation of Resources

1.2.2 Economic Sectors

1.2.3 Specialisation, Division of Labour, and Exchange

1.3 How Prices Are Determined 6 Topics

Expand

Module Content

0% Complete 0/6 Steps

1.3.1 Demand for Goods and Services

1.3.2 Supply for Goods and Services

1.3.3 Equilibrium Price

1.3.4 Intermarket Relationships

1.3.5 Price Elasticity of Demand

1.3.6 Price Elasticity of Supply

1.4 Production, Costs, Revenue and Profit 3 Topics

Expand

Module Content

0% Complete 0/3 Steps

1.4.1 The Importance of Cost, Revenue and Profit for Producers

1.4.2 Production and Productivity

1.4.3 Economies of Scale

1.5 Competitive and Concentrated Markets 4 Topics

Expand

Module Content

0% Complete 0/4 Steps

1.5.1 The Importance of Market Structures on Producers and Consumers

1.5.2 Competitive Markets

1.5.3 Non-competitive Markets

1.5.4 The Labour Market

1.6 Market Failure 2 Topics

Expand

Module Content

0% Complete 0/2 Steps

1.6.1 Misallocation of Resources

1.6.2 Externalities

2: How The Economy Works

2.1 Introduction to the National Economy 2 Topics

Expand

Module Content

0% Complete 0/2 Steps

2.1.1 Interest Rates, Saving, Borrowing, Spending and Investment

2.1.2 Government Income and Expenditure

2.2 Government Objectives 6 Topics

Expand

Module Content

0% Complete 0/6 Steps

2.2.1 Economic Objectives of the Government

2.2.2 Economic Growth

2.2.3 Employment and Unemployment

2.2.4 Inflation and Price Stability

2.2.5 Balance of Payments

2.2.6 Distribution of Income

2.3 How the Government Manages the Economy 4 Topics

Expand

Module Content

0% Complete 0/4 Steps

2.3.1 Fiscal Policy

2.3.2 Monetary Policy

2.3.3 Supply-side Policies

2.3.4 Policies to Correct Positive and Negative Externalities

2.4 International Trade and the Global Economy 4 Topics

Expand

Module Content

0% Complete 0/4 Steps

2.4.1 Why Countries Trade and the Importance of International Trade to the UK

2.4.2 Exchange Rates

2.4.3 Free-trade Agreements Including the European Union

2.4.4 Globalisation: Benefits and Drawbacks

2.5 The Role of Money and Financial Markets 2 Topics

Expand

Module Content

0% Complete 0/2 Steps

2.5.1 The Role of Money

2.5.2 The Role and Importance of the Financial Sector for the Economy

error: