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A-Level

​Microeconomics

"Microeconomics is a branch of economics that studies the behaviour of individuals and firms in making decisions regarding the allocation of scarce resources and the interactions among these individuals and firms." [Wikipedia].  Couldn't really think of a better way of putting it.
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Rational Decision Making
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Demand
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Price Elasticity of Demand
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Production Possibility Frontiers
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Opportunity Cost
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Functions and Properties of Money
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Specialisation and Division of Labour
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Income Elasticity of Demand
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Cross Elasticity of Demand
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Supply
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Price Elasticity of Supply
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Price Determination
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Price Mechanism
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Consumer and Producer Surplus
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Indirect Taxes
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Subsidies
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Behavioural Economics
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Types of Market Failure
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Externalities
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