Edexcel Economics a Theme 1
Author: Brendan Casey
Publisher: CreateSpace
Published: 2015-08-06
Total Pages: 88
ISBN-13: 9781515238980
DOWNLOAD EBOOK →This book is intended as both a revision guide and student notes for Edexcel Economics A Theme 1: Introduction to markets and market failure Topics covered: basic economic problem, factors of production, opportunity cost, economic systems, demand/supply, market clearing, elasticities, incidence of taxation, market failure, public goods, private goods. Detailed examples of market failure covered: road pricing, healthcare, higher education, new airports and runways, buffer stock schemes, agriculture, pollution, fishing. Although mainly aimed at the Edexcel A Level syllabus it may also have relevance for other students on other economics courses post-16 or degree level.