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Topic 1 of the A Level Economics Syllabus. Completely according to the A Level Syllabus. Free! .Positive and normative thinking, Opportunity cost, The production frontier or  production possibility curve, Specialisation and foreign trade. Demand and supply:  An introduction, The elasticity of demand, The elasticity of supply, Demand and supply: Applications to any market are possible, The market mechanism working, Consumer and producer surplus
Total Pages: 45

1. Positive and normative thinking          Page# 2

2. Opportunity cost Page# 3

3. The production frontier or  production possibility curve Page# 5

4. Specialisation and foreign trade         Page# 9

5. Demand and supply:  An introduction Page# 10

6. The elasticity of demand Page# 22

7. The elasticity of supply Page# 30

8. Demand and supply: Applications to any market are possible Page# 33

9. The market mechanism working Page# 36

10.Consumer and producer surplusPage# 41

As and A Level Economics