The ultimate revision notes for Edexcel's unit 1 (The Market System). This is the first unit of the AS level course and is the micro section.

The notes are split into different topics and include the major topics which all candidates should know.

The app works in both portrait and landscape and has an easy-to-use search function allowing users to find specific things very quickly.

The notes were written by the Head of Economics at a top London school and former Principal Examiner for one of the leading A level exam boards.

Topics include:

The Basic Economic Problem
Factors of Production
Production Possibility Frontiers
Demand
Supply
Bringing Demand and Supply Together
Price Elasticity of Demand
Income Elasticity of Demand
Cross Price Elasticity of Demand
Price Elasticity of Supply
Factor Markets & Money Market
Efficiency in Economics
Market Failure
Government Intervention
Government Failure