Economics study guides
WJEC-A-LEVEL Β· A-Level (WJEC) Β· aligned to WJEC.
- WJEC A-Level Economics Economics in Action (AS Unit 2): a deep dive on the circular flow, AD/AS, macroeconomic objectives, policy, exchange rates and trade
A deep-dive WJEC A-Level Economics guide to Economics in Action (AS Unit 2): the circular flow and multiplier, aggregate demand and supply and the Keynesian and Neo-Classical views, macroeconomic objectives and conflicts, fiscal, monetary and supply-side policy, exchange rates and the Marshall-Lerner condition, and free trade and protectionism.
π 18 min readWJEC - WJEC A-Level Economics Evaluating Economic Models and Policies (A2 Unit 4): a deep dive on macro models, growth, inflation, the balance of payments, policy, development and the global economy
A deep-dive WJEC A-Level Economics guide to Evaluating Economic Models and Policies (A2 Unit 4): aggregate supply and the Phillips Curve, economic growth, unemployment, inflation and deflation, the balance of payments, fiscal policy and public debt, monetary policy and financial stability, economic development and global economics, with the essay-based exam pattern WJEC repeats.
π 19 min readWJEC - WJEC A-Level Economics Exploring Economic Behaviour (A2 Unit 3): a deep dive on costs, revenues and profit, market structures, firm behaviour and intervention
A deep-dive WJEC A-Level Economics guide to Exploring Economic Behaviour (A2 Unit 3): costs, revenues and profit maximisation, the growth of firms and economies of scale, the types of efficiency, the four market structures, price discrimination, collusion, contestability and game theory, and government intervention through competition policy, regulation and privatisation.
π 18 min readWJEC - WJEC A-Level Economics Introduction to Economic Principles (AS Unit 1): a deep dive on scarcity, demand and supply, market failure and government intervention
A deep-dive WJEC A-Level Economics guide to Introduction to Economic Principles (AS Unit 1). Covers scarcity, choice and the PPF, demand, supply and elasticity, labour markets, the price mechanism, market failure and government intervention and failure, with UK and Welsh examples and the exam pattern WJEC repeats.
π 18 min readWJEC