152 Economics A Level Paper 2 Topical Worked Solutions

UNIT-1  ECONOMIC SYSTEMS

UNIT-2  SCARCITY, OPPORTUNITY COST, PRODUCTION POSSIBILITY CURVE

UNIT-3  MARKET EQUILIBRIUM, SHIFTS IN DEMAND/SUPPLY CURVES

UNIT-4  PED, MED, XED

UNIT-5  PES, PRIMARY GOODS, CONSUMER/PRODUCERS SURPLUS, INDIRECT TAXES,                            SUBSIDIES, BUFFER STOCKS

UNIT-6  MAXIMUM & MINIMUM PRICES

UNIT-7  MERIT, DEMERIT, PRIVATE & PUBLIC GOODS

UNIT-8  FACTORS OF PRODUCTION, DIVISION OF LABOUR, LABOUR PRODUCTIVITY

UNIT-9  INCOME INEQUALITIES

UNIT-10  AD/AS, CIRCULAR FLOW OF NATIONAL INCOME, ECONOMIC GROWTH

UNIT-11  PRICE INDICES, INFLATION, UNEMPLOYMENT

UNIT-12  INTERNATIONAL TRADE, EXCHANGE RATE, CURRENT ACCOUNT, TOT, FREE TRADE                    VS PROTECTIONISM

UNIT-13  FISCAL, MONETARY & SUPPLY SIDE POLICIES