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1.1 The Nature of Economics Lessons (Download)

This resource contains lessons and activities for Edexcel Economics A, Theme 1, 1.1 The Nature of Economics.

Topics covered:

  • Economics as a social science
  • Positive and normative statements
  • The Economic Problem
  • Production Possibility Frontiers
  • Specialisation and the division of labour
  • Free market economies, mixed economies and command economies

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This resource contains lessons and activities for Edexcel Economics A, Theme 1, 1.1 The Nature of Economics.

Topics covered:

  • Economics as a social science
  • Positive and normative statements
  • The Economic Problem
  • Production Possibility Frontiers
  • Specialisation and the division of labour
  • Free market economies, mixed economies and command economies