A-Level EDEXCEL Economics Specification Revision Notes for Topic 1.1 - Nature of Economics

A-Level EDEXCEL Economics Specification Revision Notes for Topic 1.1 - Nature of Economics

This resource includes detailed revision notes that cover all of the specification content for Topic 1.1 (Nature of Economics) of Theme 1 (Introduction to Markets and Market Failure) of the EDEXCEL Economics (A) Course.

These notes include full coverage of all specification content of Topic 1.1, with detailed, concise and understandable descriptions and explanation of all concepts, principles, definitions, and other information that you need to know!

These notes include the copied specification guidance, and then corresponding notes that cover all points and guidance as stated within the specification guidance. All necessary diagrams, tables, graphs, charts, equations and images are all included to further develop understanding and engage learning. All information is in accordance with the specification guidance, so you know you’re learning everything you need to know – nothing more or less!

These revision notes include full coverage on the specification content for Topic 1.1:
1.1.1 - Economics as a Social Science
1.1.2 - Positive and Normative Economic Statements
1.1.3 - The Economic Problem
1.1.4 - Production Possibility Frontiers
1.1.5 - Specialisation and the Division of Labour
1.1.6 - Free Market Economies, Mixed Economy and Command Economy

For Theme 1 of EDEXCEL Economics (A) Course
The content of these notes covers all the specification content applicable to Theme 1 for both A-Level and AS Level Economics A

Contents
Revision Notes for Topic 1.1 - Nature of Economics

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