Edexcel IGCSE Economics 1.2.5 D Impact of Education and Training on Human Capital and Topic Practice

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Pearson Edexcel International GCSE Economics

1.1 The market system

1.1.1 The economic problem

1.1.2 Economic assumptions

1.1.3 Demand, supply and market equilibrium

1.1.4 Elasticity

1.1.5 The mixed economy

1.1.6 Externalities

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 the quantity and quality of labour to

1.2.5.d Impact of education and training on human capital and

1.2.5.e Use of labour market diagrams showing

1.2.5.f Trade union involvement in the labour market

1.2.6 Government intervention

2.1 Government and the economy

2.1.1 Macroeconomic objectives

2.1.2 Government policies

2.1.3 Relationships between objectives and policies

2.2 The global economy

2.2.1 Globalisation

2.2.2 International trade

2.2.3 Exchange rates

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