Economics AQA AS module 1 powerpoint

AQA AS module 1- market and market failure
-the economic problem (types of economics, sectors of the economy, types of goods, resources, nature and purpose of economic activity, production possibility diagrams, , role of the market)
-allocation of resources (supply and demand, elasticity, equilibrium)
-production and efficiency (specialization and division of labor, economies and dis-economies of scale)
-market failure (externalities, market failure, merit and demerit goods, free/public goods, income and wealth, monopoly)
-government intervention (reasons, methods, government failure)