Economics as aqa exam - Study guides, Class notes & Summaries

This is the Summary that I made for my AS Levels Economics AQA Paper 1 Exam. I made these using the specification points given for the exams so it covers the content that needs to be learnt for the exam. I used this to revise and learn the content for the exams for which I attained the highest grade possible at the end and that too with a high percentage.

AQA Economics A Level Year 1 – Microeconomics Exam with 100% Correct Answers |LATEST| Allocative Efficiency *Ans* Occurs when the available economic resources are used to produce the combination of goods and services that best matches people's tastes and preferences Positive Statements *Ans* A statement of fact that can be tested to see if it is incorrect or correct Normative Statements *Ans* A statement that includes a value judgement and cannot be disproved just by looking at ...

This document contains 100% AQA AS ECONOMICS Paper 1 : The Operation of Markets and Market Failure -2023 Question Paper Exam done on : Monday 15 May 2023 Morning Which one of the following gives rise to opportunity cost? [1 mark] A Alternative uses for resources B Market failures for many goods C The methodology of positive economics D The presence of externalities A bakery decides to increase the price of the bread that it sells. Which one of the following price elasticities of d...

AS ECONOMICS 7135/2 Paper 2 The National Economy in a Global Context Mark scheme June 2024 Version: 1.0 Final *246a7135/2/MS* Mark schemes are prepared by the Lead Assessment Writer and considered, together with the relevant questions, by a panel of subject teachers. This mark scheme includes any amendments made at the standardisation events which all associates participate in and is the scheme which was used by them ...

A-level ECONOMICS 7136/1 Paper 1 Markets and Market Failure Mark scheme June 2024 Version: 1.0 Final Mark schemes are prepared by the Lead Assessment Writer and considered, together with the relevant questions, by a panel of subject teachers. This mark scheme includes any amendments made at the standardisation events which all associates participate in and is the scheme which was used by them in this examination. The stand...