Economics 4EC1 revision by topic
51 topics · 255 quick questions · 157 worksheet questions
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1.1The market system
- 1.1.1 The economic problemScarcity: the basic economic problem5 questions
- 1.1.1 The economic problemOpportunity cost5 questions
- 1.1.1 The economic problemProduction possibility curves5 questions
- 1.1.2 Economic assumptionsDo consumers and firms always maximise?5 questions
- 1.1.3 Demand, supply and market equilibriumDemand5 questions
- 1.1.3 Demand, supply and market equilibriumSupply5 questions
- 1.1.3 Demand, supply and market equilibriumMarket equilibrium and changing prices5 questions
- 1.1.4 ElasticityPrice elasticity of demand5 questions
- 1.1.4 ElasticityPrice elasticity of supply5 questions
- 1.1.4 ElasticityIncome elasticity of demand5 questions
- 1.1.5 The mixed economyThe mixed economy: public and private sectors5 questions
- 1.1.5 The mixed economyMarket failure: public, merit and demerit goods5 questions
- 1.1.5 The mixed economyPrivatisation and nationalisation5 questions
- 1.1.6 ExternalitiesExternal costs and benefits5 questions
1.2Business economics
- 1.2.1 ProductionFactors of production5 questions
- 1.2.1 ProductionSectors of the economy5 questions
- 1.2.2 Productivity and division of labourProduction and productivity5 questions
- 1.2.2 Productivity and division of labourDivision of labour5 questions
- 1.2.3 Business costs, revenues and profitCosts of production5 questions
- 1.2.3 Business costs, revenues and profitRevenue, profit and what firms aim for5 questions
- 1.2.3 Business costs, revenues and profitEconomies and diseconomies of scale5 questions
- 1.2.4 Business competitionCompetitive markets5 questions
- 1.2.4 Business competitionSmall firms and large firms5 questions
- 1.2.4 Business competitionMonopoly5 questions
- 1.2.4 Business competitionOligopoly5 questions
- 1.2.5 The labour marketThe labour market: how wages are set5 questions
- 1.2.5 The labour marketTrade unions5 questions
- 1.2.6 Government interventionIndirect taxes and subsidies5 questions
- 1.2.6 Government interventionRegulation, fines, permits and direct provision5 questions
- 1.2.6 Government interventionHow governments regulate competition5 questions
- 1.2.6 Government interventionThe national minimum wage5 questions
2.1Government and the economy
- 2.1.1 Macroeconomic objectivesEconomic growth5 questions
- 2.1.1 Macroeconomic objectivesRecession and the economic cycle5 questions
- 2.1.1 Macroeconomic objectivesInflation and deflation5 questions
- 2.1.1 Macroeconomic objectivesUnemployment5 questions
- 2.1.1 Macroeconomic objectivesThe current account of the balance of payments5 questions
- 2.1.1 Macroeconomic objectivesBusiness and the environment5 questions
- 2.1.1 Macroeconomic objectivesPoverty and inequality5 questions
- 2.1.2 Government policiesThe government budget5 questions
- 2.1.2 Government policiesTaxes5 questions
- 2.1.2 Government policiesFiscal policy5 questions
- 2.1.2 Government policiesMonetary policy5 questions
- 2.1.2 Government policiesSupply-side policy5 questions
- 2.1.3 Relationships between objectives and policiesWhat governments aim for, and where the aims clash5 questions
2.2The global economy
- 2.2.1 GlobalisationGlobalisation5 questions
- 2.2.1 GlobalisationMultinational companies5 questions
- 2.2.2 International tradeSpecialisation and free trade5 questions
- 2.2.2 International tradeTrade restrictions5 questions
- 2.2.2 International tradeTrading blocs and the World Trade Organization5 questions
- 2.2.3 Exchange ratesExchange rates5 questions
- 2.2.3 Exchange ratesWhen a currency rises or falls5 questions
The topics follow the Pearson Edexcel International GCSE in Economics (4EC1), specification first taught 2017. The questions are Papermunch’s own, written for revision: none of them are taken from past papers. For the real thing, theEconomics past papers are on the shelf.