Advanced Higher Economics

Module 6.1 – Perfect Competition

Underlying assumptions on which the theory is based; advantages and disadvantages

Module 6.2 – Monopoly

Underpinning assumptions; government intervention; Advantages and disadvantages

Module 6.3 – Monopolistic or Imperfect Competition

Characteristics

Module 6.4 – Oligopoly

Characteristics, especially non-price competition

Module 6.5 – Resource allocation

Conditions necessary for optimal allocation

Module 6.6 – Forms of Govt. Intervention

How and why does the govt. interfere in the market?

Module 6.7 – International Economics

This topic includes EU, WTO, the developing world.

Module 6.8 – UK Issues

Current macro-economic issues; govt. fiscal, monetary and supply side policies.

Module 6.9 – A dissertation

This will be ongoing throughout the year. The dissertation is chosen by the pupils and the topics are dictated by what is current during the course of the year.