I've currently been working on the economics revision notes, this is what I've done so far:
- The economic problem - scarcity, opportunity cost, PPFs.
- Factors of production - absolute and comparative advantage, the gains from trade, division of labour.
- Specialisation and trade
- Producer and consumer surplus
- Demand theory - including determinates of demand
- Supply theory - including determinates of supply
- Supply and demand equilibrium
- Elasticity of demand - PED, YED, XED
- Elasticity of supply - PES
- Indirect taxes and subsidies
- The price mechanism