AQA · AS Level
AQA AS Level Economics
AQA AS Economics (7135). What it covers, how it is assessed, a link to the official specification, and the free study material Marlbridge publishes for it.
- Syllabus
- 7135
- Board
- AQA
- Qualification
- AS Level
- Not your course?
- Change course
Topics and resources
Each topic below is from the official AQA document for AQA AS Economics (7135), with its study guides, revision notes and practice questions together. Everything here is for AQA AS Level Economics (7135) only.
- Learn with study guides
- Revise with revision notes
- Practise with practice questions
- Flashcards 92 cards, by topic and subtopic
- Printable topic checklist Tick off each topic as you revise
Searches topic names and resource titles for this course only.
No Economics (7135) resources match “”.
- Try one shorter word, or check the spelling.
- Try the wording the syllabus uses for the topic, as listed below once you clear the search.
- Some topics have no Marlbridge resource yet; they are still listed.
- Topic 3.1
The operation of markets and market failure
Covers Economic methodology and the economic problem, Price determination in a competitive market, Production, costs and revenue, Competitive and concentrated markets, The market mechanism, market failure and government intervention in markets
Study guides
- Competition policy, public ownership, regulation and government failure (7136) Read guide
- Costs of production and economies and diseconomies of scale (7136) Read guide
- Demand, shifts in demand and elasticities of demand (7136) Read guide
- Dynamic competition, creative destruction and contestable markets (7136) Read guide
- Government intervention: tax, subsidy, price controls (7136) Read guide
- Income and wealth: Lorenz curve and Gini coefficient (7136) Read guide
- Market structures and the objectives of firms (7136) Read guide
- Merit and demerit goods and market imperfections (7136) Read guide
- Methodology, scarcity, resources and PPDs (7136) Read guide
- Monopoly, monopoly power and price discrimination (7136) Read guide
- Oligopoly: interdependence, collusion and kinked demand (7136) Read guide
- Perfect competition and monopolistic competition (7136) Read guide
- Production, productivity, specialisation and returns (7136) Read guide
- Public goods and externalities (7136) Read guide
- Revenue, profit and technological change (7136) Read guide
- Supply, elasticity, equilibrium and related markets (7136) Read guide
- The price mechanism and the meaning of market failure (7136) Read guide
Revision notes
- Competition, ownership, regulation and government failure (7136) Revise topic
- Costs of production and economies and diseconomies of scale (7136) Revise topic
- Demand, shifts in demand and elasticities of demand (7136) Revise topic
- Dynamic competition and contestable markets (7136) Revise topic
- Government intervention: tax, subsidy, price controls (7136) Revise topic
- Income and wealth: Lorenz curve and Gini coefficient (7136) Revise topic
- Market structures and the objectives of firms (7136) Revise topic
- Merit and demerit goods and market imperfections (7136) Revise topic
- Methodology, scarcity, resources and PPDs (7136) Revise topic
- Monopoly, monopoly power and price discrimination (7136) Revise topic
- Oligopoly: interdependence, collusion and kinked demand (7136) Revise topic
- Perfect competition and monopolistic competition (7136) Revise topic
- Production, productivity, specialisation and returns (7136) Revise topic
- Public goods and externalities (7136) Revise topic
- Revenue, profit and technological change (7136) Revise topic
- Supply, elasticity, equilibrium and related markets (7136) Revise topic
- The price mechanism and the meaning of market failure (7136) Revise topic
Practice questions
- Competition, ownership, regulation and government failure (7136) Try questions
- Costs and economies and diseconomies of scale (7136) Try questions
- Demand, shifts in demand and elasticities of demand (7136) Try questions
- Dynamic competition and contestable markets (7136) Try questions
- Government intervention: tax, subsidy, price controls (7136) Try questions
- Income and wealth: Lorenz curve and Gini coefficient (7136) Try questions
- Market structures and the objectives of firms (7136) Try questions
- Merit and demerit goods and market imperfections (7136) Try questions
- Methodology, scarcity, resources and PPDs (7136) Try questions
- Monopoly, monopoly power and price discrimination (7136) Try questions
- Oligopoly: interdependence, collusion and kinked demand (7136) Try questions
- Perfect competition and monopolistic competition (7136) Try questions
- Production, productivity, specialisation and returns (7136) Try questions
- Public goods and externalities (7136) Try questions
- Revenue, profit and technological change (7136) Try questions
- Supply, elasticity, equilibrium and related markets (7136) Try questions
- The price mechanism and the meaning of market failure (7136) Try questions
- Topic 3.2
The national economy in a global context
Covers The measurement of macroeconomic performance, How the macroeconomy works: the circular flow of income, aggregate demand/aggregate supply analysis, and related concepts, Economic performance, Macroeconomic policy
Study guides
- Budget balance, national debt and deficits (7136) Read guide
- Central banks and monetary policy (7136) Read guide
- Conflicts between macroeconomic objectives and the Phillips curve (7136) Read guide
- Economic growth and the economic cycle (7136) Read guide
- Employment and unemployment (7136) Read guide
- Fiscal policy: spending, taxation and the policy tools (7136) Read guide
- How the Macroeconomy Works (7136) Read guide
- Inflation and deflation (7136) Read guide
- Supply-side policies (7136) Read guide
- The balance of payments and correcting imbalances (7136) Read guide
- The Measurement of Macroeconomic Performance (7136) Read guide
Revision notes
- Aggregate demand and activity, short-run and long-run AS (7136) Revise topic
- Budget balance, national debt and deficits (7136) Revise topic
- Central banks and monetary policy (7136) Revise topic
- Circular flow, AD and AS analysis and determinants of aggregate demand (7136) Revise topic
- Conflicts between macroeconomic objectives and the Phillips curve (7136) Revise topic
- Economic growth and the economic cycle (7136) Revise topic
- Employment and unemployment (7136) Revise topic
- Fiscal policy: spending, taxation and the policy tools (7136) Revise topic
- Inflation and deflation (7136) Revise topic
- Supply-side policies (7136) Revise topic
- The balance of payments and correcting imbalances (7136) Revise topic
- The Measurement of Macroeconomic Performance Revise topic
Practice questions
- Aggregate demand and activity, short-run and long-run AS (7136) Try questions
- Budget balance, national debt and deficits (7136) Try questions
- Central banks and monetary policy (7136) Try questions
- Circular flow, AD and AS analysis and determinants of aggregate demand (7136) Try questions
- Conflicts between macroeconomic objectives and the Phillips curve (7136) Try questions
- Economic growth and the economic cycle (7136) Try questions
- Employment and unemployment (7136) Try questions
- Fiscal policy: spending, taxation and the policy tools (7136) Try questions
- Inflation and deflation (7136) Try questions
- Supply-side policies (7136) Try questions
- The balance of payments and correcting imbalances (7136) Try questions
- The Measurement of Macroeconomic Performance Try questions
Source: AQA – official AS and A-level Economics (7135, 7136) specification PDF (Version 1.3, 29 June 2022) — For first teaching from September 2015. Verified 2026-10-27. Subtopics are shown where Marlbridge has entered them; a topic may have more in the official document. A topic listed here is part of the syllabus; it does not mean Marlbridge has published material for it. Always check the current syllabus for your examination year.
About this course
- Qualification
- AQA AS Level Economics
- Spec code
- 7135
- Does Marlbridge teach it?
- Not at the moment — free study resources only
- Are resources available?
- Yes — 86 published
- Is enrolment open?
- No — classes are not currently offered in this subject
- Official specification
- AQA specification
- Topic checklist
- Printable 7135 checklist
- Where was this verified?
- 2026-10-27, official AQA specification
Compiled and maintained by the Marlbridge Academic Team, checked against the official AQA specification on 2026-10-27.
Spotted something wrong on this page? Report an error — see the corrections policy.
The qualification
AQA AS Economics (7135)
Marlbridge's summary of the course
AQA AS Economics is a stand-alone qualification covering the first-year content of AQA A-level Economics: the operation of markets and market failure, and the national economy in a global context.
The board's own description is on the official AQA syllabus page.
For first teaching from September 2015; AS and A-level Economics share one specification document (Version 1.3, 29 June 2022). Two subject-content sections: 3.1 The operation of markets and market failure (microeconomics) and 3.2 The national economy in a global context (macroeconomics), assessed in two papers of 1 hour 30 minutes, 70 marks each, 50% each.
Specifications change between examination series. Always confirm the current syllabus and assessment structure on the AQA syllabus page for your examination year.
Assessment structure
Linear qualification
| Component | Duration | Marks | Weighting | Type |
|---|---|---|---|---|
| 7135/1: Paper 1: The operation of markets and market failure | 1h 30m | 70 | 50% | Written exam |
| 7135/2: Paper 2: The national economy in a global context | 1h 30m | 70 | 50% | Written exam |
Source: official AQA specification, verified 2026-10-27. Read from the official AQA AS and A-level Economics specification (Version 1.3, 29 June 2022), section 2.1 AS: linear, not tiered, two compulsory written papers, each 1 hour 30 minutes, 70 marks and 50% of the AS. Paper 1 (content 3.1, The operation of markets and market failure): Section A 20 multiple choice questions worth 20 marks; Section B data response questions requiring written answers, choice of one from two contexts, worth 50 marks. Paper 2 (content 3.2, The national economy in a global context): same format. Total 140 marks, each paper scaled x1. First AS exams June 2016.
Questions about this course
How is AQA Economics (7135) assessed?
AQA Economics (7135) is assessed through: 7135/1 (Paper 1: The operation of markets and market failure) — 1h 30m, 70 marks, 50% of the qualification; 7135/2 (Paper 2: The national economy in a global context) — 1h 30m, 70 marks, 50% of the qualification. It is a linear qualification. Source: official AQA specification, verified 2026-10-27.
What topics does AQA AS Level Economics (7135) cover?
2 topics in the current syllabus: The operation of markets and market failure; The national economy in a global context. The printable topic checklist lists every topic and subtopic on one page.
Can I get a tutor for AQA AS Level Economics (7135)?
Not at the moment. Marlbridge publishes free study resources for AQA AS Level Economics (7135) but is not offering classes in it.
Are there free AQA AS Level Economics (7135) revision notes and practice questions?
Yes. Marlbridge has published 86 free resources for this course (practice questions, revision notes, study guides), free to read with no sign-up.
The subject
Economics teaching and study resources, organised by level and topic.
Economics at other qualifications
These are separate qualifications with different syllabuses and assessments — not different names for the same course. Check which one your school enters you for.
- Cambridge A Level Economics Syllabus 9708
- Cambridge IGCSE Economics Syllabus 0455
- Cambridge O Level Economics Syllabus 2281
- Pearson Edexcel A Level Economics Syllabus YEC11
- Pearson Edexcel IGCSE Economics Syllabus 4EC1
- AQA GCSE Economics Syllabus 8136
- AQA A Level Economics Syllabus 7136
- OCR GCSE Economics Syllabus J205
- OCR A Level Economics Syllabus H460
- OxfordAQA IGCSE Economics Syllabus 9214
- OxfordAQA A Level Economics Syllabus 9640
- International Baccalaureate IB Diploma Programme Economics Syllabus DP Economics
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