CourseCourseQuestionQuestion
Pearson Edexcel International GCSE Economics (4EC1)
1.1 The market system
1.2 Business economics
1.2.1 Production
1.2.1.a Factors of production
1.2.1.b Sectors of the economy
1.2.1.c Changing sector importance in developed and developing economies
1.2.2 Productivity and division of labour
1.2.3 Business costs, revenues and profit
1.2.4 Business competition
1.2.5 The labour market
1.2.6 Government intervention
2.1 Government and the economy
2.2 The global economy
3 Quantitative skills
IGCSE/Edexcel/Economics//Concept/1.2 Business economics/1.2.1 Production/1.2.1.c Changing sector importance in developed and developing economies

1.2 Business economics

Syllabus
2026
Section
1.2
Level
—

Exam analysis

Most tested topics

  1. Production
  2. Productivity and division of labour
  3. Business costs, revenues and profit
  4. Business competition
  5. The labour market
  6. Government intervention