Theme 1 · Introduction to Markets & Market Failure

1.1

Nature of Economics

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How Markets Work

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Market Failure

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Government Intervention

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Theme 2 · The UK Economy — Performance & Policies

2.1

Measures of Economic Performance

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Aggregate Demand

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Aggregate Supply

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National Income

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Economic Growth

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Macroeconomic Objectives and Policies

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Theme 3 · Business Behaviour & the Labour Market

3.1

Business Growth

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Business Objectives

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Revenues, Costs and Profits

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Market Structures

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The Labour Market

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Government Intervention (Business & Labour)

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Theme 4 · A Global Perspective

4.1

International Economics

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Poverty and Inequality

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Emerging and Developing Economies

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The Financial Sector

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Role of the State in the Macroeconomy

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