Edexcel A-level Economics B 9EB0 · 1.3

Introducing the market

Code: 1.3
In: 1 Markets, consumers and firms
Course: A-level Economics B 9EB0
Board: Edexcel

Codes and titles are read by a script from Edexcel's published specification and have not been checked by a person. What each point covers is in the specification itself: Edexcel’s specification.

Points under 1.3

1.3.1 Demand
1.3.2 Supply
1.3.3 Price determination
1.3.4 Price mechanism
1.3.5 Understanding the consumer
1.3.6 The competition

Points in 1 Markets, consumers and firms

1.1 Scarcity, choice and potential conflicts
1.2 Enterprise, business and the economy
1.3 Introducing the market
1.4 The role of credit in the economy
1.5 Market failure and government intervention
1.6 Revenue, costs, profits and cash