Theme 3 Edexcel A Economics A Level Resources

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Resources

Full practice paper for Paper 1 [Features the water industry, covers theme 1 and theme 3] | Section B model answers.

Practice question for section B, theme 3 only. [Case study on Google and internet search]

25 marker model answer [monopoly]

25 marker model answer [minimum wage]

25 marker model answer [policies to intervene in market power]

Multiple choice quiz for theme 3

Notes

3.1.1 Types and size of firms

3.1.2 Business growth

3.1.3 Demergers

3.2.1 Business objectives

3.3.1 Revenue

3.3.2 Costs

3.3.3 Economies and diseconomies of scale

3.4.2 Perfect competition

3.4.3 Monopolistic competition

3.4.4 Oligopoly

3.4.5 Part 1 – monopoly

3.4.5 Part 2 – price discrimination

3.4.6 Monopsony

3.4.7 Contestability

3.5.1 Demand for labour

3.5.2 Supply of labour

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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.