AQA AS Level Economics

Syllabus 7135 · For first teaching from September 2015 · sourced from AQA – official AS and A-level Economics (7135, 7136) specification PDF (Version 1.3, 29 June 2022), verified 2026-10-27.

1. 3.1 The operation of markets and market failure

   • 3.1.1 Economic methodology and the economic problem
   • 3.1.2 Price determination in a competitive market
   • 3.1.3 Production, costs and revenue
   • 3.1.4 Competitive and concentrated markets
   • 3.1.5 The market mechanism, market failure and government intervention in markets

2. 3.2 The national economy in a global context

   • 3.2.1 The measurement of macroeconomic performance
   • 3.2.2 How the macroeconomy works: the circular flow of income, aggregate demand/aggregate supply analysis, and related concepts
   • 3.2.3 Economic performance
   • 3.2.4 Macroeconomic policy