A Level Economics Notes for Edexcel A

This notes page is a work in progress.

Theme 1

1.1.1, 1.1.2 and 1.1.3 – Economic models, statements and problems

1.1.4 Production possibility frontiers

1.1.5 Specialisation and the division of labour

1.1.6 Free market, mixed and command economies

1.2.3 Price, income and cross-elasticities of demand

1.2.8 Consumer and producer surplus

1.2.9 Indirect taxes and subsidies

1.3.1 and 1.3.2 market failure and externalities

1.3.4 information gaps

1.4.2 Government failure

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Tom Furber

Helping economics students online since 2015. Previously an economist, I now provide economics resources on tfurber.com and tutor A Level Economics students. Read more about me here.