Notes

Year 1 Microeconomics

1.1 The Economic Problem and Basic Economic Understanding

1.1.1: Scarcity, Choice, and Opportunity Cost (thinkeconomics)
1.1.1: The Basic Economic Problem (Economics Help)
1.1.1: Opportunity Cost (Economics Help)
1.1.1: Factors of Production (Economics Help)
1.1.1: Factors of Production (Investopedia)
1.1.1: Factors of Production (BBC Bitesize)
1.1.1: Definition of Free Good (Economics Help)
1.1.2: Production Possibility Fronteir (Economics Help)

1.2 Supply, Demand, Markets, and Elasticity

1.2.1: Factors affecting demand (Economics Help)
1.2.1: Substitution and Income Effects (Economics Help)
1.2.2: Incidence of Tax (econgraphs.org)
1.2.4: Price Elasticity of Demand (thinkeconomics)
1.2.4: Price Elasticity of Demand (investopedia)

1.4 Resource Allocation

1.4.1: Free Market System (Economics Help)
1.4.1: Command Economy (Economics Help)
1.4.1: Mixed Economy (Economics Help)
1.4.1: Economic Systems (Intelligent Economist)
1.4.1: Economic Systems (Econlib)
1.4.1: Rationing and Incentives: Price Function (Economics Online)
1.4.1: Explaining the Price Mechanism (Tutor2U)
1.4.1: The role of prices (learn-economics.co.uk)

Year 1 Macroeconomics

2.1 Macroeconomic Theory

2.1.4: Keynesian AS/AD Analysis (thinkeconomics)
2.1.4: Explaining the Keynesian Aggregate Supply Curve (Tutor2U)
2.1.4: Keynesian Aggregate Supply/Aggregate Demand (AS/AD) (EconplusDal)
2.1.5/2.1.6: SRAS and LRAS
2.1.7: Neoclassical AS/AD Analysis (thinkeconomics)

2.2 Government Policy Objectives

2.2.3: A guide to labour market statistics (ONS)
2.2.4: CPI inflation vs RPI inflation: what’s the difference? (Money Week)
2.2.4: Which inflation measure: CPI, CPIH or RPI? (IDR)
2.2.4: Ray Dalio Interviews Paul Volcker (Principles by Ray Dalio )
2.2.4: Understand The Economy: Inflation (BBC Sounds)
2.2.6: Cyclical and Structural Budget Deficits (tutor2u)
2.2.6: Discretionary fiscal policy (Economics Help)
2.2.6: Lesson summary: automatic stabilizers (Khan Academy)

2.3 Government Policies

2.3.2: Understand The Economy: Interest Rates and Mortgage RatesInflation (BBC Sounds)

Year 2 Microeconomics

1.5 Theory of the Firm

1.5.1: Costs, Revenues, and Profits (thinkeconomics)

1.6 Theory of the Firm

1.6.1: Background to Market Structures
1.6.1: Barriers to Entry (Investopedia)
1.6.1: Competition and Barriers to Entry (OECD Policy Brief)