Skip to content
MathsGenie logo
Pricing
Sign up

Home

Revision planner

Ask Genie AI

Worksheets

Question Rush

Daily greens

New
Economics cover artwork
  1. A Level
  3. Economics Edexcel A

Economics

Economics cover artwork
  1. A Level
  3. Economics Edexcel A
  5. 1.2.7 Price mechanism

1.2.7 Price mechanism

Spec 9EC0

Revise Edexcel A A Level Economics 1.2.7 Price mechanism with the question bank, lessons, revision guides, and flashcards.

a) Functions of the price mechanism to allocate resources: • rationing • incentive • signalling • b) The price mechanism in the context of different types of markets, including local, national and global markets

Popular

Papers

Past papers, predicted papers and mini tests

Practice

Question bank

Practise exam-style questions for this topic

Learn

Lessons

Interactive bite-sized lesson with practice cards

Revision Guides

Study notes with worked examples

Flashcards

Active-recall flashcards to self-test this topic

New

Teach Genie

Review a topic by teaching it to Baby Genie

Tools

Answer marking

Get instant marking on your long-answer responses

Exam builder

Build a custom mock from exam-style questions

Paper marker

Upload a completed paper and get it AI marked

Grade calculator

Enter your marks to see your predicted grade