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Edexcel Economics Revision

A website for Edexcel students to study Economics and Business

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      • Theme 1: Introduction to markets and market faliure
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      • Theme 3: Business behaviour and the labour market
      • Theme 4: A global perspective
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  • Alternative views of consumer behaviour
  • Consumer and producer surplus
  • Demand
  • Economics as a social science
  • Elasticity of supply
  • Externalities
  • Free market economies, mixed economy and command economy
  • Government failure
  • Government intervention in markets
  • Indirect taxes and subsidies
  • Information gaps
  • Positive and normative economic statements
  • Price determination
  • Price mechanism
  • Price, income and cross elasticities of demand
  • Production possibility frontiers
  • Public goods
  • Rational decision making
  • Specialisation and the division of labour
  • Supply
  • The economic problem
  • Types of market failure
  • Balance of payments
  • Causes of growth
  • Conflicts and trade-offs between objectives and policies
  • Consumption
  • Demand-side policies
  • Economic cycle
  • Economic growth
  • Employment and unemployment
  • Equilibrium levels of real national output
  • Government expenditure
  • Inflation
  • Injections and withdrawals
  • Investment
  • Long-run AS
  • National income
  • Net trade
  • Output gaps
  • Possible macroeconomic objectives
  • Short-run AS
  • Supply-side policies
  • The characteristics of AD
  • The characteristics of AS
  • The impact of economic growth
  • The multiplier
  • Business growth
  • Business objectives
  • Contestability
  • Costs
  • Demand for labour
  • Demergers
  • Economies and diseconomies of scale
  • Efficiency
  • Government intervention
  • Monopolistic competition
  • Monopoly
  • Monopsony
  • Normal profits, supernormal profits and losses
  • Oligopoly
  • Perfect competition
  • Revenue
  • Sizes and types of firms
  • Supply of labour
  • The impact of government intervention
  • Wage determination in competitive and non-competitive markets
  • Globalisation
  • Specialisation and trade
  • Theme 1: Introduction to markets and market faliure
  • Theme 2: The UK economy – performance and policies
  • Theme 3: Business behaviour and the labour market
  • Theme 4: A global perspective
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Theme 1: Introduction to markets and market failure
Theme 3: Business behaviour and the labour market
Theme 2: The UK economy – performance and policies
Theme 4: A global perspective

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Edexcel Economics Revision
  • Home
  • About
  • Economics
    • Topics
    • Resources
    • Past Papers
    • AS Level
      • Theme 1: Introduction to markets and market faliure
      • Theme 2: The UK economy – performance and policies
    • A Level
      • Theme 3: Business behaviour and the labour market
      • Theme 4: A global perspective
  • Business
    • Topics
    • Resources
    • Past Papers
  • Revision Guides
  • Contact