A Level Economics

Introduction

A Level Economicsincludes a variety of in-depth economic topics such as price system, government intervention, international trade and exchange rates, the measurement of employment, inflation, macroeconomic theory, economic policy… Finishing this course, learners would be able to analyze, evaluate professionally economic information essential for future career or economic studies and researches.

Objectives

Systematize the core knowledge of the subject

Become familiar with most
A Level exam formats

Reduce pressure and study time

Improve scores effectively

Enhance independant thinking

Create a solid foundation for higher education

Characteristics

Quality teachers with extensive knowledge about students psychology

Teaching programs are based on international standards

Exclusive materials that closely follow the A Level formats

Personalized teaching method according to student progress

Commitment on A Level pass grade

Coursework completion support

Course content

Topic 1: Basic economic ideas and resource allocation (AS Level)

1.1 Scarcity, choice and opportunity cost

1.2 Economic methodology

1.3 Factors of production

1.4 Resource allocation in different economic systems

1.5 Production possibility curves

1.6 Classification of goods and services

Topic 2: The price system and the micro economy (AS Level)

2.1 Demand and supply curves

2.2 Price elasticity, income elasticity and cross-elasticities of demand

2.3 Price elasticity of supply

2.4 The interaction of demand and supply

2.5 Consumer and producer surplus

Topic 3: Government microeconomic intervention (AS Level)

3.1 Reasons for government interventions in markets

3.2 Methods and effects of government interventions in markets

3.3 Addressing income and wealth inequality

Topic 4: The macro economy (AS Level)

4.1 National income statistics

4.2 Introduction to the circular flow of income

4.3 Aggregate demand (AD) and aggregate supply (AS) analysis

4.4 Economic growth

4.5 Unemployment

4.6 Price stability

Topic 5: Government macroeconomic intervention (AS Level)

5.1 Government macroeconomic policy objectives

5.2 Fiscal policy

5.3 Monetary policy

5.4 Supply-side policy

Topic 6: International economic issues (AS Level)

6.1 The reasons for international trade

6.2 Protectionism

6.3 Current account of the balance of payments

6.4 Exchange rates

6.5 Policies to correct imbalances in the current account of the balance of payments

Topic 7: The price system and the micro economy (A Level)

7.1 Utility

7.2 Indifference curves and budget lines

7.3 Efficiency and market failure

7.4 Private costs and benefits, externalities and social costs and benefits

7.5 Types of cost, revenue and profit, short-run and long-run production

7.6 Different market structures

7.7 Growth and survival of firms

7.8 Differing objectives and policies of firms

Topic 8: Government microeconomic intervention (A Level)

8.1 Government policies to achieve efficient resource allocation and correct market failure

8.2 Equity and redistribution of income and wealth

8.3 Labour market forces and government intervention

Topic 9: The macro economy (A Level)

9.1 The circular flow of income

9.2 Economic growth and sustainability

9.3 Employment and unemployment

9.4 Money and banking

Topic 10: Government macroeconomic issues (A Level)

10.1 Government macroeconomic policy objectives

10.2 Links between macroeconomic problems and their interrelatedness

10.3 Effectiveness of policy options to meet all macroeconomic objectives

Topic 11: International economic issues (A Level)

11.1 Policies to correct disequilibrium in the balance of payments

11.2 Exchange rates

11.3 Economic development

11.4 Characteristics of countries at different levels of development

11.5 Relationship between countries at different levels of development

11.6 Globalisation

Choose a form of study

Small class

Private tutoring group

1 plus 1

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