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Unit 1: Introduction to Markets and Market Failure Full Study Materials

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26-05-2021

Excellent study tools to revise the whole of the A-level Economics year 1 syllabus. This is tailored to the Edexcel specification but can also be used for other exam boards. These are relevant resources for both first-year and second-year students to revise or learn from and get the best possible grade.

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Lecture notes
A level Edexcel Unit 1 Economics
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Theme 1: 1.1.2 Positive and Normative Statements
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Theme 1: 1.1.3 The Economic Problem
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Theme 1: 1.1.4 Production Possibility Frontier (PPF)
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Theme 1: 1.1.5 The Functions of Money
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Theme 1: 1.2.1/1.2.10 Rational Decision Making and Consumer Behaviour
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Theme 1: 1.2.2 Demand
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Theme 1: 1.2.3 Elasticity
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Theme 1: 1.2.4 Supply
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Theme 1: 1.2.5 Price Elasticity of Supply (PES)
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Theme 1: 1.2.6 Price Determination
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Theme 1: Consumer and Producer Surplus
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Theme 1: 1.3.1 Market Failure
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Theme 1: 1.3.2 Externalities
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Theme 1: 1.3.3 Public Goods
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Theme 1: 1.3.4 Information Gaps
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Theme 1: 1.4.1a Government Intervention in Market and Taxes
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Theme 1: 1.4.1b Government Intervention in Markets and Subsidies
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Theme 1: 1.4.1c Government Intervention in Markets and Max + Min Prices
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Theme 1: 1.4.1d Pollution Permits
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Theme 1: 1.4.1e Other Methods of Government Interventions
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Theme 1: 1.4.2 Government Failure
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Peter Smith Edexcel A level Economics A Book 1
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Marwan Mikdadi, Rachel Cole Edexcel Economics A Student Guide
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Subjects

  • Edexcel economics
  • A level economics
  • Economics
  • Edexcel economics
  • A level economics
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