A Level Economics Edexcel B (9EB0)
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Theme 1: Markets, consumers and firms
1.1 Scarcity, choice and potential conflicts
The economic problem
Business objectives
Stakeholders
1.2 Enterprise, business and the economy
Enterprise
Production
1.3 Introducing the market
Demand
Supply
Price
The consumer
1.4 The role of credit in the economy
Banks and risk
Credit
1.5 Market failure and government intervention
Market failure and government intervention
1.6 Revenue, costs, profits and cash
Revenue and costs
Profit and loss
Business survival and cash flow
Theme 2: The wider economic environment
2.1 Business growth and competitive advantage
Growth
Methods of growth
How small firms compete
2.2 Firms, consumers and elasticities of demand
Elasticity
Competition
2.3 Productive efficiency
Productivity and capacity utilisation
Efficiency
2.4 Life in a global economy
Globalisation
Development
International trade
Exchange rates
2.5 The economic cycle
The economic cycle
Circular flow
Inflation
Employment
2.6 Introduction to macroeconomic policy
Introduction to macroeconomic policy
Theme 3: The global economy
3.1 Globalisation
Trade and growing economies
Trade policies
Exchange rate changes
3.2 Economic factors in business expansion
Conditions that prompt trade
Assessing economic potential
3.3 Impact of globalisation on global companies
Global demand
3.4 Impact of globalisation on local and national economies
Multinational corporations
Ethical issues
3.5 Global labour markets
Global labour markets
3.6 Inequality and re-distribution
Income and wealth disparities
Reducing poverty and inequality
Theme 4: Making markets work
4.1 Competition and market power
Spectrum of competition
Oligopoly
Business objectives and prices
Productive and allocative efficiency
4.2 Market power and market failure
Market power and regulation
4.3 Market failure across the economy
Market failure
Responding to market failure
4.4 Macroeconomic policies and impact on firms and individuals
The AD/AS model
Demand-side policies
Supply-side policies
4.5 Risk and the financial sector
Risk and the financial sector
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