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Theme 1 · The Central Economic Problem

1.1.1 Scarcity & choice 1.1.2 How economic agents decide

Theme 2 · Markets

2.1.1 Price mechanism 2.1.2 Demand & supply 2.1.3 Government intervention 2.2.1 Objectives of firms 2.2.2 Cost & revenue 2.2.3 Firm strategies 2.3.1 Micro objectives 2.3.2 Market failure 2.3.3 Micro policies

Theme 3 · The National and International Economy

3.1.1 Circular flow 3.1.2 AD / AS 3.2.1 Living standards 3.2.2 Macro issues 3.2.3 Macro policies 3.3.1 Globalisation & trade

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