Economics B (9EB0)

23個單元 · 85個課題

免費的Economics B (9EB0)學習筆記,專為Pearson Edexcel A Level學生準備。下列每個章節都涵蓋一個重點主題,附有例題與練習提示,可在 thinka 應用程式中延伸練習。

Scarcity, choice and potential conflicts

  • The economic problem

  • Business objectives

  • Stakeholders (economic agents) and their objectives

Enterprise, business and the economy

  • Role of an entrepreneur in the economy

  • Entrepreneurial motives

  • Factors of production

  • Specialisation

  • The wider economic environment

Introducing the market

The role of credit in the economy

  • Role of banks in the economy

  • Risk and liability

  • Types and sources of credit and the impact of credit within the economy

Market failure and government intervention

  • Market failure and externalities

  • Government intervention and failure

Revenue, costs, profits and cash

  • Revenue and costs

  • The relationship between revenue and costs

  • Profit and loss

  • Business survival and cash flow

Business growth and competitive advantage

  • Growth

  • Methods of growth

  • Research and development (R&D) and innovation

  • How the digital economy affects markets and firms

  • How small firms compete

Firms, consumers and elasticities of demand

  • Price elasticity of demand (PED)

  • Competing on price

  • Types of non-price competition

  • Income elasticity of demand (YED)

Productive efficiency

  • Productivity

  • Capacity utilisation

  • Efficiency and competitiveness using lean production

  • Impact on costs and sales revenue

Life in a global economy

The economic cycle

  • The economic cycle

  • Circular flow of income, expenditure and output

  • Inflation

  • Employment and unemployment

Introduction to macroeconomic policy

  • Possible macroeconomic objectives

  • Policy instruments

  • Potential policy conflicts and trade-offs

Globalisation

Economic factors in business expansion

  • Conditions that prompt trade

  • Assessing the potential of different economies

Impact of globalisation on global companies

  • Responding to global demand

  • Demand-side factors in global markets

Impact of globalisation on local and national economies

  • The impact of multinational corporations (MNCs)

  • Ethical issues

  • Controlling MNCs

Global labour markets

Inequality and re-distribution

Competition and market power

  • Spectrum of competition

  • Barriers to entry

  • Oligopoly

  • Business objectives and pricing decisions

  • Productive and allocative efficiency

Market power and market failure

Market failure across the economy

  • Market failure in society

  • Externalities

  • Policies to deal with market failure

Macroeconomic policies and impact on firms and individuals

Risk and the financial sector

  • Risks and uncertainty

  • The role of the financial sector

  • The role of the central bank

  • The Global Financial Crisis

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