Edexcel BTEC First Diploma in Business 601/0171/4 · 26B

Understand how markets work

Code: 26B
In: 26 Introducing the Economic Environment
Course: BTEC First Diploma in Business 601/0171/4
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 in 26 Introducing the Economic Environment

26A Understand how the demand and supply for goods and services are determined
26B Understand how markets work
26C Know the structure of the national economy
26D Understand the economic role of government