Theme 1 Edexcel A Economics A Level Resources

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Resources

Practice question for section B, theme 1 only [fossil fuels]

25 marker model answer Edexcel Economics A style [government intervention]

15 marker model answer Edexcel Economics A style [tradable pollution permits]

8 marker model answer Edexcel Economics A style [externalities in coal]

Notes

1.1.1, 1.1.2 and 1.1.3 Economic models, statements and problem

1.1.4 Production possibility frontiers

1.1.5 Specialisation and the division of labour

1.1.6 Free market, mixed and command economies

1.2.2 Demand

1.2.3 Price, income and cross-elasticities of demand

1.2.7 Price mechanism

1.2.8 Consumer and producer surplus

1.2.9 Indirect taxes and subsidies

1.2.10 Alternative views of consumer behaviour

1.3.1 and 1.3.2 Market failure and externalities

1.3.3 Public goods

1.3.4 Information gaps

1.4.2 Government failure

About the author

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.