Section A · The Market System

1.1

The Economic Problem

Read notes →1.2

Demand, Supply and Price

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Elasticity

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Market Failure

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Section B · Business Economics

2.1

Production and Productivity

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Costs, Revenue and Profit

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Competition and the Labour Market

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Section C · Government & the Economy

3.1

Government Objectives and Policies

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Economic Growth

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Employment and Unemployment

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Inflation

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Section D · The Global Economy

4.1

International Trade and Globalisation

Read notes →4.2

Exchange Rates

Read notes →4.3

Balance of Payments and Development

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