A2 Microeconomics

This topic is examined in A-Level Paper 3 and Paper 4 for WJEC (Wales) Economics. You can find notes for it below:

• Contextual Analysis

Costs, Revenues and Profits

• a) Costs, revenues and profits
• b) The growth of firms
• c) Efficiency

Market Structures

• a) Background to market structures
• b) Business objectives
• c) Perfect competition
• d) Monopolistic competition
• e) Monopoly
• f) Oligopoly
• g) Competition policy
• h) Privatisation