Year 1 Microeconomics

AQA

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Summary

A Level Year 1 AS Economics Notes
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38

July 2026

2025/2026
This document is a complete Year 1 AS microeconomics revision guide for AQA Economics (7136), covering scarcity and opportunity cost, supply and demand with all three elasticities, short-run and long-run cost curves, market structures from perfect competition to monopoly (including efficiency concepts and deadweight loss), and market failure — externalities, public goods, information gaps, merit/demerit goods — alongside government interventions like taxation, subsidies, price controls, and ...
raphaelibrahim
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