Hot topics in Economics AS level

[lucien2a]

Hi to everone who take Economics.The following is the popular subtopics my lecturer gave us. Please pay more attention to them as nowsaday the exam question is very different from the past. If you are poor in this topic i will advise you to just read them. However, it is better to know all the topics.
-Scacity, economics problems
-Division of labour
-function of money
-Producer surplus
-DD and SS ( causes to shift)
-Market failure ( merit, demerit and public : externalities )
- Buffer stock scheme
-Absolute advantage ( may in sessay )
-Exchange rate
-Deflation ( more popular than inflation)
-Deficit ( BOP, TOT,...)
-Custom union and free trade
-Knowledge of some trading blocs
-Marshall Linear concept

Finally, if you have any similar things like this you can post it and we can discuss. Good luck 

[pastyear]

Thanks for it. I will read them 

[Priya]

Thanks

I would add PPC, Cost Benefit analysis, different ways the govt intervenes - price controls, price stabilistion, taxation, direct provision of goods and services and the different elasticities to that list.

[Nanavel]

I would Add >> Government Failure , Externalities , Public goods and merits , Market stabilization , Market failure.

thanx for the topic