Individuals, firms, markets and market failure key terms

The dynamics of competition and competitive market processes

The dynamics of competition and competitive market processes is the AQA 7136 economic concept for The dynamics of competition and competitive market processes. Use it for AO1 by defining the idea accurately, then apply it to Perfect competition, imperfectly competitive markets and monopoly rather than treating the term as a loose label.

The dynamics of competition and competitive market processes application

The dynamics of competition and competitive market processes application is the AO2 application cue for The dynamics of competition and competitive market processes. Connect it to the relevant consumer, firm, market, government, macro, policy or data context before starting analysis.

Contestable and non-contestable markets

Contestable and non-contestable markets is the AQA 7136 economic concept for Contestable and non-contestable markets. Use it for AO1 by defining the idea accurately, then apply it to Perfect competition, imperfectly competitive markets and monopoly rather than treating the term as a loose label.

Contestable and non-contestable markets application

Contestable and non-contestable markets application is the AO2 application cue for Contestable and non-contestable markets. Connect it to the relevant consumer, firm, market, government, macro, policy or data context before starting analysis.

Market structure, static efficiency, dynamic efficiency and resource allocation

Market structure, static efficiency, dynamic efficiency and resource allocation is the AQA 7136 economic concept for Market structure, static efficiency, dynamic efficiency and resource allocation. Use it for AO1 by defining the idea accurately, then apply it to Perfect competition, imperfectly competitive markets and monopoly rather than treating the term as a loose label.

Market structure, static efficiency, dynamic efficiency and resource allocation application

Market structure, static efficiency, dynamic efficiency and resource allocation application is the AO2 application cue for Market structure, static efficiency, dynamic efficiency and resource allocation. Connect it to the relevant consumer, firm, market, government, macro, policy or data context before starting analysis.

Consumer and producer surplus

Consumer and producer surplus is the AQA 7136 economic concept for Consumer and producer surplus. Use it for AO1 by defining the idea accurately, then apply it to Perfect competition, imperfectly competitive markets and monopoly rather than treating the term as a loose label.

Consumer and producer surplus application

Consumer and producer surplus application is the AO2 application cue for Consumer and producer surplus. Connect it to the relevant consumer, firm, market, government, macro, policy or data context before starting analysis.

The demand for labour, marginal productivity theory

The demand for labour, marginal productivity theory is the AQA 7136 economic concept for The demand for labour, marginal productivity theory. Use it for AO1 by defining the idea accurately, then apply it to The labour market rather than treating the term as a loose label.

The demand for labour, marginal productivity theory application

The demand for labour, marginal productivity theory application is the AO2 application cue for The demand for labour, marginal productivity theory. Connect it to the relevant consumer, firm, market, government, macro, policy or data context before starting analysis.

Influences upon the supply of labour to different markets

Influences upon the supply of labour to different markets is the AQA 7136 economic concept for Influences upon the supply of labour to different markets. Use it for AO1 by defining the idea accurately, then apply it to The labour market rather than treating the term as a loose label.

Influences upon the supply of labour to different markets application

Influences upon the supply of labour to different markets application is the AO2 application cue for Influences upon the supply of labour to different markets. Connect it to the relevant consumer, firm, market, government, macro, policy or data context before starting analysis.

The determination of relative wage rates and levels of employment in perfectly competitive labour markets

The determination of relative wage rates and levels of employment in perfectly competitive labour markets is the AQA 7136 economic concept for The determination of relative wage rates and levels of employment in perfectly competitive labour markets. Use it for AO1 by defining the idea accurately, then apply it to The labour market rather than treating the term as a loose label.

The determination of relative wage rates and levels of employment in perfectly competitive labour markets application

The determination of relative wage rates and levels of employment in perfectly competitive labour markets application is the AO2 application cue for The determination of relative wage rates and levels of employment in perfectly competitive labour markets. Connect it to the relevant consumer, firm, market, government, macro, policy or data context before starting analysis.

The determination of relative wage rates and levels of employment in imperfectly competitive labour markets

The determination of relative wage rates and levels of employment in imperfectly competitive labour markets is the AQA 7136 economic concept for The determination of relative wage rates and levels of employment in imperfectly competitive labour markets. Use it for AO1 by defining the idea accurately, then apply it to The labour market rather than treating the term as a loose label.

The determination of relative wage rates and levels of employment in imperfectly competitive labour markets application

The determination of relative wage rates and levels of employment in imperfectly competitive labour markets application is the AO2 application cue for The determination of relative wage rates and levels of employment in imperfectly competitive labour markets. Connect it to the relevant consumer, firm, market, government, macro, policy or data context before starting analysis.

The influence of trade unions in determining wages and levels of employment

The influence of trade unions in determining wages and levels of employment is the AQA 7136 economic concept for The influence of trade unions in determining wages and levels of employment. Use it for AO1 by defining the idea accurately, then apply it to The labour market rather than treating the term as a loose label.

The influence of trade unions in determining wages and levels of employment application

The influence of trade unions in determining wages and levels of employment application is the AO2 application cue for The influence of trade unions in determining wages and levels of employment. Connect it to the relevant consumer, firm, market, government, macro, policy or data context before starting analysis.

The National Minimum Wage

The National Minimum Wage is the AQA 7136 economic concept for The National Minimum Wage. Use it for AO1 by defining the idea accurately, then apply it to The labour market rather than treating the term as a loose label.

The National Minimum Wage application

The National Minimum Wage application is the AO2 application cue for The National Minimum Wage. Connect it to the relevant consumer, firm, market, government, macro, policy or data context before starting analysis.

Discrimination in the labour market

Discrimination in the labour market is the AQA 7136 economic concept for Discrimination in the labour market. Use it for AO1 by defining the idea accurately, then apply it to The labour market rather than treating the term as a loose label.

Discrimination in the labour market application

Discrimination in the labour market application is the AO2 application cue for Discrimination in the labour market. Connect it to the relevant consumer, firm, market, government, macro, policy or data context before starting analysis.

The distribution of income and wealth

The distribution of income and wealth is the AQA 7136 economic concept for The distribution of income and wealth. Use it for AO1 by defining the idea accurately, then apply it to The distribution of income and wealth: poverty and inequality rather than treating the term as a loose label.

The distribution of income and wealth application

The distribution of income and wealth application is the AO2 application cue for The distribution of income and wealth. Connect it to the relevant consumer, firm, market, government, macro, policy or data context before starting analysis.

The problem of poverty

The problem of poverty is the AQA 7136 economic concept for The problem of poverty. Use it for AO1 by defining the idea accurately, then apply it to The distribution of income and wealth: poverty and inequality rather than treating the term as a loose label.

The problem of poverty application

The problem of poverty application is the AO2 application cue for The problem of poverty. Connect it to the relevant consumer, firm, market, government, macro, policy or data context before starting analysis.

Government policies to alleviate poverty and to influence the distribution of income and wealth

Government policies to alleviate poverty and to influence the distribution of income and wealth is the AQA 7136 economic concept for Government policies to alleviate poverty and to influence the distribution of income and wealth. Use it for AO1 by defining the idea accurately, then apply it to The distribution of income and wealth: poverty and inequality rather than treating the term as a loose label.

Government policies to alleviate poverty and to influence the distribution of income and wealth application

Government policies to alleviate poverty and to influence the distribution of income and wealth application is the AO2 application cue for Government policies to alleviate poverty and to influence the distribution of income and wealth. Connect it to the relevant consumer, firm, market, government, macro, policy or data context before starting analysis.

How markets and prices allocate resources

How markets and prices allocate resources is the AQA 7136 economic concept for How markets and prices allocate resources. Use it for AO1 by defining the idea accurately, then apply it to The market mechanism, market failure and government intervention in markets rather than treating the term as a loose label.

How markets and prices allocate resources application

How markets and prices allocate resources application is the AO2 application cue for How markets and prices allocate resources. Connect it to the relevant consumer, firm, market, government, macro, policy or data context before starting analysis.