Edexcel (A) Economics A-level revision guide

Description

• E-book (comes as pdf)
• Theme 1 and 2 (AS) – 106 pages
• Theme 3 – 61 pages.
• Theme 4 – 68 pages.
• Total revision guide (AS+A2) – 235 pages 
• Last updated March 2026.

View before buying

• Sample AS – Themes 1 and 2
• Sample Theme Edexcel 3-4

Related Products

Specific guide for evaluation. Plus includes interactive elements.

• Edexcel Extra – Revision Tests – £11.00
• AS Edexcel economics revision guide – This includes just (unit 1 and  2) – £5.50

Theme 1

• 1.1 Economics as a social science
• 1.2 Positive and normative economic statements
• 1.3 The economic problem
• 1.4 Production possibility frontiers
• 1.5 Specialisation and division of labour
• 1.6 Types of economies (free market, mixed, command)

How markets work

• 2.1 Rational decision making
• 2.2 Demand
• 2.3 Elasticity of demand / income / cross
• 2.4 Supply
• 2.5 Elasticity of supply
• 2.6 Price determination
• 2.7 Price mechanism
• 2.8 Consumer / producer surplus
• 2.9 Taxes and subsidies
• 2.10 Alternative views of consumer behaviour

Market failure

• 3.1 Types of market failure
• 3.2 Externalities
• 3.3 Public goods
• 3.4 Information gaps

Government intervention

• 4.1 Government intervention in markets
• 4.2 Government failure

Theme 2

Measures of economic performance

• 1.1 Economic growth
• 1.2 Inflation
• 1.3 Employment and unemployment
• 1.4 Balance of payments

Aggregate demand

• 2.1 Aggregate demand (AD)
• 2.2 Consumption (C)
• 2.3 Investment (I)
• 2.4 Government expenditure (G)
• 2.5 Net trade (X-M)

Aggregate supply

• 3.1 Aggregate supply AS
• 3.2 Short-run AS
• 3.3 Long-run AS

National income

• 4.1 National income
• 4.2 Injections and withdrawals
• 4.3 Equilibrium real national income
• 4.4 The multiplier

Economic growth

• 5.1 Causes of economic growth
• 5.2 Output gaps
• 5.3 Trade (business) cycle
• 5.3 Impact of economic growth

Macroeconomic objectives and policies

• 6.1 Possible macroeconomic objectives
• 6.2 Demand-side policies
• 6.3 Supply-side policies
• 6.4 Conflicts and trade-offs between objectives and policies.

Theme 3 – Business and labour markets

61 pages, 14,000 words

3.1 Business growth

• 1.1 Sizes and types of firms
• 1.2 Business growth
• 1.3 Demergers

3.2 Business objectives                                                                                                                  

• 2.1 Business objectives

3.3 Revenues, costs and profits

• 3.1 Revenue
• 3.2 Costs
• 3.3 Economies and diseconomies of scale
• 3.4 Normal profits, supernormal profits and losses

3.4 Market structures

• 4.1 Efficiency
• 4.2 Perfect competition
• 4.3 Monopolistic competition
• 4.4 Oligopoly
• 4.5 Monopoly
• 4.6 Monopsony
• 4.7 Contestability

3.5 Labour market

• 5.1 Demand for labour
• 5.2 Supply of labour
• 5.3 Wage determination in competitive and non-competitive markets.

3.6 Government intervention

• 6.1 Government intervention
• 6.2 The impact of government intervention

Theme 4 – A global perspective

63 pages, 17,000 words

4.1 International economics

• 1.1 Globalisation
• 1.2 Specialisation and trade
• 1.3 Pattern of trade
• 1.4 Terms of trade
• 1.5 Trading blocs and the World Trade Organisation (WTO)
• 1.6 Restrictions on free trade
• 1.7 Balance of payments
• 1.8 Exchange rates
• 1.9 International competitiveness

4.2 Poverty and inequality

• 2.1 Absolute and relative poverty
• 2.2 Wealth and income inequality

4.3 Emerging and developing economies

• 3.1 Measures of development
• 3.2 Factors influencing growth and development
• 3.3 Strategies influencing growth and development

4.4 The financial sector

• 4.1 Role of financial markets
• 4.2 Market failure in the financial sector
• 4.3 Role of central banks

4.5 The role of the state in the macro-economy

• 5.1 Public expenditure
• 5.2 Taxation
• 5.3 Public sector finances
• 5.4 Macro-economic policies in a global context