Specification points
WJEC AS Economics 2520QS
15 points in 1 topic, with WJEC's codes and titles.
Codes and titles are read by a script from WJEC's published specification and have not been checked by a person. What each point covers is in the specification itself: WJEC’s specification.
AS AS content (Units 1 and 2)
- AS.1 Microeconomics
- AS.1.1 Scarcity and choice
- AS.1.2 Demand and supply in product markets
- AS.1.3 Demand and supply in labour markets
- AS.1.4 Resource allocation
- AS.1.5 Market failure
- AS.2 Macroeconomics
- AS.2.1 Macroeconomic theory
- AS.2.2 Macroeconomic objectives
- AS.2.3 Policy instruments
- AS.2.4 Fiscal policy
- AS.2.5 Monetary policy
- AS.2.6 Exchange rates and exchange rate policy
- AS.2.7 International trade