Edexcel Economics A Level

Economics for A Level – Edexcel

Specially written study guide for the Edexcel Economics specification. Topic order follows the Edexcel 2019-2023 specification, including:

Theme 1 – Introduction to markets and market failure

The economic problem, the role of markets, functions of the price mechanism, elasticity, market failure, government intervention.

Theme 2 – The UK economy, performance and policies

National income, the circular flow, aggregate demand and supply, equilibrium, inflation and deflation, unemployment, fiscal policy, monetary policy, supply-side policy, policy conflicts including the Phillips curve.

Theme 3 – Business behaviour and the labour market

Business objectives, market structures: perfect competition, monopolistic competition, oligopoly, game theory, monopoly, monopsony, price discrimination, contestability.

Theme 4 – A global perspective

Globalisation, trade, protectionism, balance of payments, exchange rates, economic development, global problems and the financial crisis.

498 pp, format PDF.

STUDENT EDITION