A Level Economics - Theme 1 - Essay Style Questions per topic

Dive into the essential concepts of A Level Economics with our comprehensive resource collection on Theme 1 topics. This resource is designed to empower students with the knowledge and tools to embark on independent learning and research, fostering a deeper understanding of fundamental economic principles.

Covering a range of Theme 1 topics, including microeconomic fundamentals. This resource offers a structured yet flexible approach to cater to the diverse learning needs of A Level Economics students. Each section provides a detailed exploration of key concepts, accompanied by thought-provoking essay-style questions that encourage critical thinking and independent research.

Question Topics (3 questions per topic)

• Ceteris Paribus Assumptions
• Opportunity Cost
• Production Possibility Frontiers
• Positive and Normative statements
• Functions of Money
• Division of Labour and Specialisation
• Theory of Demand
• Utility Theory
• Price Elasticity of Demand
• Income Elasticity of Demand
• Cross Price Elasticity of Demand
• Theory of Supply
• Determination of Market Prices
• The Price Mechanism
• Producer Surplus
• Consumer Surplus
• Subsides
• Indirect Taxes
• Behaviour Economics and Policy
• Alternative views on consumer behaviour
• Rational Consumer Behaviours
• Information Gaps
• Externalities and Market Failure
• Negative Externalities
• Positive Consumption Externalities
• Mixed Externalities
• Externalities and Goverment Intervention
• Public Goods
• Government Failure
• Carbon Trading and Carbon Taxes
• Maximum Prices
• Minimum Prices