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Home › Economics Revision › OCR A-level › AS Microeconomics

AS Microeconomics

This component is examined in AS Paper 1 for OCR Economics. You can find notes for it below:

Notes

Contextual Analysis

Introduction to Microeconomics

1.1 The economic problem
1.2 The allocation of resources
1.3 Opportunity cost

The Role of Markets

2.1 Specialisation and trade
2.2 Demand
2.3 Supply
2.4 Consumer and producer surplus
2.5 The interaction of markets
2.6 Elasticity
2.7 Market failure and externalities
2.8 Government Intervention
Environment - an example of market failure

Definitions

1. Introduction to Microeconomics
2. The Role of Markets

Definitions flashcards:

1. Introduction to Microeconomics
2. The Role of Markets

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