A2 · Unit 3 · Edexcel IAL Economics

Business Behaviour &
Labour Markets

5 chapters of fully written notes — every spec point, worked examples, past paper questions, and 20-mark essay plans.

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Essay Plans
80+
Past Paper Qs
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All 5 Chapters
Ch.1
Types & Sizes of Businesses
Business objectives · Principal-agent problem · All 4 merger types · Constraints on growth
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Ch.2
Revenue, Costs & Profits
TR/AR/MR · Short-run costs · Diminishing returns · Economies of scale · Profit max
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Ch.3
Market Structures
Perfect competition · Monopoly · Monopolistic competition · Oligopoly · Game theory
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Ch.4
Labour Markets
MRP theory · Wage determination · Trade unions · Monopsony · Minimum wage
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Ch.5
Government Intervention
Competition policy · Regulation · Price controls · Privatisation · CMA
🔒 Locked
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A2 · Unit 3 · EcoNotes
This chapter includes
Full written notes — every spec point covered
Worked numerical examples & tables
Past paper questions with mark schemes
20-mark essay plans with named economists
Exam tips for the most common mistakes
A2 Unit 3 (all 5 chapters) ৳900
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