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

1.1.5 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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