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Individuals, firms, markets and market failure

AQA A Level Economics Microeconomics Individuals, firms, markets and market failure

7 items

Summary Perfect Competition, imperfectly competitive markets and monopoly

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Perfect Competition, imperfectly competitive markets and monopoly - AQA Microeconomics 4.1.5 4.1.5.1 Market structures 4.1.5.2 The objectives of firms 4.1.5.3 Perfect competition 4.1.5.4 Monopolistic competition 4.1.5.5 Oligopoly 4.1.5.6 Monopoly and monopoly power 4.1.5.7 Price discriminatio...

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Summary The market mechanism, market failure and government intervention in markets

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4.1.8 The market mechanism, market failure and government intervention in markets 4.1.8.1 How markets and prices allocate resources 4.1.8.2 The meaning of market failure 4.1.8.3 Public goods, private goods and quasi-public goods 4.1.8.4 Positive and negative externalities in consumption and prod...

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Summary Economic methodology & the economic problem

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4.1.1 Economic methodology & the economic problem 4.1.1.1 Economic methodology 4.1.1.2 The nature and purpose of economic activity 4.1.1.3 Economic resources 4.1.1.4 Scarcity, choice and the allocation of resources 4.1.1.5 Production possibility diagrams

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Summary Individual economic decision making

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4.1.2 Individual economic decision making 4.1.2.1 Consumer behaviour 4.1.2.2 Imperfect information 4.1.2.3 Aspects of behavioural economic theory 4.1.2.4 Behavioural economics and economic policy

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Summary Price Determination in a Competitive Market

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4.1.3 Price determination in a competitive market 4.1.3.1 The determinants of the demand for goods and services 4.1.3.2 Price, income and cross elasticities of demand 4.1.3.3 The determinants of the supply of goods and services 4.1.3.4 Price elasticity of supply 4.1.3.5 The determination of equ...

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Summary Production, Costs & Revenue

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4.1.4.1 Production and productivity 4.1.4 Production, costs and revenue 4.1.4.2 Specialisation, division of labour and exchange 4.1.4.3 The law of diminishing returns and returns to scale 4.1.4.4 Costs of production 4.1.4.5 Economies and diseconomies of scale 4.1.4.6 Marginal, average and tota...

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Summary The Labour Market

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4.1.6 The labour market 4.1.6.1 The demand for labour, marginal productivity theory 4.1.6.2 Influences upon the supply of labour to different markets 4.1.6.3 The determination of relative wage rates and levels of employment in perfectly competitive labour markets 4.1.6.4 The determination of rel...

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