Edexcel ECON 1

For Edexcel Econ 1 we have both content and a range of exam papers. 

Content

Section 1

• 1.1 Positive & Normative Statements & Opportunity Cost
• 1.2 The Economic Problem
• 1.3 Production Possibility Frontier
• 1.4 Production & Specialisation
• 1.5 Barter
• 1.6 Factors of Production

Section 2

• 2.1 Demand: Introduction (coming soon)
• 2.2 Demand: Price
• 2.3 Demand: Substitute Goods
• 2.4 Demand: Complement Goods
• 2.5 Demand: Income & Tastes
• 2.6 Supply
• 2.7 Equilibrium & Disequilibrium
• 2.8 Interconnected Markets
• 2.9 Taxes and Subsidies 
• 2.10 Objectives of a Firm

Section 3

• 3.1 Market Failure
• 3.2 Externalities
• 3.3 Public Goods
• 3.4 Market Imperfections: Information
• 3.5 Market Imperfections: Factor Mobility
• 3.6 Inequality
• 3.7 Merit & Demerit Goods

Section 4

• 4.1 Government Intervention
• 4.2 Government Failure