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Economics (XEC11)
3 sections available · 16 chapters available
Free Economics (XEC11) revision notes for Pearson Edexcel International AS Level students. Each chapter covers a key topic with worked examples and practice prompts you can take straight into the thinka app.
Unit 1 (WEC11): Markets in action
Introductory concepts
Consumer behaviour and demand
Supply
Price determination
Market failure
Government intervention in markets
Unit 2 (WEC12): Macroeconomic performance and policy
Measures of economic performance
Aggregate demand (AD)
Aggregate supply (AS)
National income
Economic growth
Macroeconomic objectives and policies
Exam skills: quantitative skills and command words
Calculations: elasticity, index numbers, percentages
Diagram drawing and interpretation
Data response from the source booklet
Evaluation essays (20 marks)
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