Economics Student Book 1 , Edexcel International AS Level | Free PDF
1. Introductory Concepts - Economics as a social science, economic problems, production possibility frontiers, specialization, types of economy
2. Market Mechanisms and Government Intervention - Demand and supply elasticity, price determination, government intervention, market failure, externalities
3. Macroeconomic Indicators - Economic growth and GDP, inflation and unemployment, balance of payments, employment trends
4. Aggregate Economy - Aggregate demand and supply characteristics, consumption, investment, government expenditure, national income
5. Economic Growth and Policies - Causes of economic growth, output gaps, costs and benefits of growth, macroeconomic policies
6. Macroeconomic Objectives and Trade-offs - Objectives of macroeconomic policies, conflicts between objectives, supply-side and demand-side policies