CourseCourseQuestionQuestion
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
1.2.5 The labour market
1.2.5.a Factors affecting the demand for labour
1.2.5.b Factors affecting the supply of labour
1.2.5.c Importance of labour quantity and quality to businesses
1.2.5.d Education, training and human capital
1.2.5.e Labour-market diagrams
1.2.5.f Trade union involvement in 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/1.2.5 The labour market/1.2.5.e Labour-market diagrams

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