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OxfordAQA A Level Economics

Syllabus 9640 · First teaching September 2020, first AS exams May/June 2021, first A-level exams May/June 2022 · sourced from OxfordAQA – official International AS and A-level Economics (9640) qualification page, verified 2026-08-19.

  1. 1. The operation of markets, market failure and the role of government (AS)

    • 3.1.1 The economic problem and methodology
    • 3.1.2 How markets work
    • 3.1.3 An introduction to production, costs, revenue and profit
    • 3.1.4 Competitive and concentrated markets
    • 3.1.5 Market failure and government intervention in markets

  2. 2. The national economy in a global environment (AS)

    • 3.2.1 The measurement of macroeconomic performance
    • 3.2.2 How the macroeconomy works
    • 3.2.3 Economic performance
    • 3.2.4 Macroeconomic policy

  3. 3. The economics of business behaviour and the distribution of income (A)

    • 3.3.1 The objectives of individuals and firms
    • 3.3.2 Costs, revenue and profits
    • 3.3.3 Perfect competition, imperfectly competitive markets and monopoly
    • 3.3.4 The labour market
    • 3.3.5 Poverty and inequality

  4. 4. Economic development and the global economy (A)

    • 3.4.1 Globalisation and trade
    • 3.4.2 The balance of payments, exchange rates and financial markets
    • 3.4.3 Economic growth and development

  5. 5. Quantitative skills

    • QS1 calculate, use and understand ratios and fractions
    • QS2 calculate, use and understand percentages and percentage changes
    • QS3 understand and use the terms mean, median (for A2 assessments, students will also need to understand and use relevant quantiles)
    • QS4 construct and interpret a range of standard graphical forms
    • QS5 calculate and interpret index numbers
    • QS6 calculate cost, revenue and profit, including average and totals (for A2 assessments, students will also need to calculate marginal values)
    • QS7 make calculations to convert from money to real terms
    • QS8 make calculations of elasticity and interpret the result
    • QS9 interpret, apply and analyse information in written, graphical and numerical forms