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12 Must Revise Topics for A2

18th May 2008
A personal selection of topics that I would want to have revised thoroughly before the A2 economics exams
12 Must Cover Topics for A2
Please make sure you have excellent notes on all of the following
Carbon trading versus carbon taxes / how best to reduce CO2 emissions
Contestable markets
The credit crunch and macroeconomic policy options / limitations
Economics of a budget deficit / fiscal policy and impact on AD-AS
Labour market failure and its consequences
Economics of a current account deficit
External demand and supply-side shocks to the UK economy
EU enlargement and the new members of the Euro Zone
Tragedy of the commons - fish stocks / deforestation - appropriate policies
Economic efficiency and welfare in markets - applying allocative/productive/dynamic efficiency + producer & consumer surplus
Cost benefit analysis and public sector investment
Threats to globalisation
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