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

1.2.4 Business competition

1.2.4.a Effects of competition on firms, consumers and the economy

1.2.4.b Advantages and disadvantages of large firms and small

1.2.4.c Factors influencing the growth of firms

1.2.4.d Reasons firms stay small

1.2.4.e Monopoly

1.2.4.f Main features of monopoly

1.2.4.g Advantages and disadvantages of monopoly

1.2.4.h Oligopoly

1.2.4.i Main features of oligopoly

1.2.4.j Advantages and disadvantages of oligopoly

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/1.2.4 Business competition/1.2.4.g Advantages and disadvantages of monopoly

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