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Economics Notes

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AQA/Cambridge

Exam Board

A Level/ AS Level/ GCSE

Levels

222

Topics

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Determination of wage differentials by labour market forces

Transfer earnings and economic rent

The macroeconomy (A Level)

The circular flow of income

The multiplier process

Components of Aggregate Demand (AD) and their determinants

Full employment level of national income and equilibrium level of national income

Economic growth and sustainability

Inclusive economic growth

Sustainable economic growth

Employment/unemployment

Government macroeconomic intervention (A Level)

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