CourseCourse QuestionQuestion

Pearson Edexcel International GCSE Economics (4EC1)

1.1 The market system

1.2 Business economics

1.2.1 Production

1.2.2 Productivity and division of labour

1.2.3 Business costs, revenues and profit

1.2.3.a Revenue, cost and profit formulae

1.2.3.b Internal and external economies of scale

1.2.3.c Diseconomies of scale and the LRAC curve

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/1.2.3 Business costs, revenues and profit/1.2.3.b Internal and external economies of scale

1.2 Business economics

Syllabus: 2026
Section: 1.2
Level: —

Exam analysis

Most tested topics

Production
Productivity and division of labour
Business costs, revenues and profit
Business competition
The labour market
Government intervention