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How to distinguish between micro and macro in your economics answers (Economics A)

Is microeconomics largely relatable to businesses and what is learnt in business A level while macro is just taking the entire economy into consideration? How is best to revise the key differences and become better at distinguishing them in long mark questions?
Reply 1
https://www.stuvia.com/bundle/103454/economics-edexcel-a-level-macroeconomics-content-a-revision-guide-theme-2-and-4.1-4.2-4.3

https://www.stuvia.com/bundle/101656/economics-edexcel-a-level-theme-1-1.1-1.2-1.3-1.4-revision-notes

https://www.tutor2u.net/economics/reference/preparing-for-the-synoptic-economics-exam

Synoptic reminders
Try POPSICLE for micro aspects

Prices: Prices for consumers, paid to growers
Output: Production for individual firms / sectors
Profits: Supernormal, normal, subnormal
Structure of Market: Oligopoly, monopoly, contestable market
Inefficiency: Allocative, productive, dynamic, X-inefficiency
Competition: Price and non-price competition in markets
Labour Market: Impact on levels / pattern of jobs, real wages
Externalities: Effects on social costs and benefits
Remember that markets and market failure and theory of the firm / market structures usually figure highly in the micro questions.

Try DIGESTIF for macro aspects:

Development: Human development, sustainability
Inflation: Cost push / demand pull factors, expectations
Growth: Impact on short run / long run growth paths
Employment: Jobs, natural rate of unemployment
Structure of Economy: Pattern of GDP, jobs, investment, incomes
Trade: Trade balance, current account, capital flows
Inequality: Effects on income and wealth inequality
Fiscal Balance: Impact on state borrowing, debt, tax burdens

https://www.tutor2u.net/economics/reference/preparing-for-the-synoptic-economics-exam
Reply 2
Original post by safahJ
https://www.stuvia.com/bundle/103454/economics-edexcel-a-level-macroeconomics-content-a-revision-guide-theme-2-and-4.1-4.2-4.3

https://www.stuvia.com/bundle/101656/economics-edexcel-a-level-theme-1-1.1-1.2-1.3-1.4-revision-notes

https://www.tutor2u.net/economics/reference/preparing-for-the-synoptic-economics-exam

Synoptic reminders
Try POPSICLE for micro aspects

Prices: Prices for consumers, paid to growers
Output: Production for individual firms / sectors
Profits: Supernormal, normal, subnormal
Structure of Market: Oligopoly, monopoly, contestable market
Inefficiency: Allocative, productive, dynamic, X-inefficiency
Competition: Price and non-price competition in markets
Labour Market: Impact on levels / pattern of jobs, real wages
Externalities: Effects on social costs and benefits
Remember that markets and market failure and theory of the firm / market structures usually figure highly in the micro questions.

Try DIGESTIF for macro aspects:

Development: Human development, sustainability
Inflation: Cost push / demand pull factors, expectations
Growth: Impact on short run / long run growth paths
Employment: Jobs, natural rate of unemployment
Structure of Economy: Pattern of GDP, jobs, investment, incomes
Trade: Trade balance, current account, capital flows
Inequality: Effects on income and wealth inequality
Fiscal Balance: Impact on state borrowing, debt, tax burdens

https://www.tutor2u.net/economics/reference/preparing-for-the-synoptic-economics-exam

Thanks for the help will definitely use this in the future!

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