Chapter 2: Economic Foundations: Scarcity, Choice, Data and the Economist Toolkit

A-level EconomicsAQA / OCR / Pearson Edexcel / WJEC Eduqas12 topicsIntermediate

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1. A-Level Economics Revision: Markets, Macroeconomics and Exam Technique

3. Markets: Demand, Supply, Price Mechanism and Elasticity

Key learning objectives

Understand the key principles behind Economic Foundations: Scarcity, Choice, Data and the Economist Toolkit.
Apply these ideas to exam-style questions.
Recall the essential definitions and key terms.