Theme 1 Edexcel A Economics A Level Resources

Jump to

Video

Content walkthrough for Theme 1 Edexcel Economics A | Revision video

Practice questions and model answers

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

1.2.4 and 1.2.5 Supply and the price elasticity of supply

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

1.4.1 Government intervention part 1 (taxes, subsidies, price controls)

1.4.1 Government intervention part 2 (tradable pollution permits, state provision, regulation and information provision)

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.