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Topics; Resources; Past Papers; AS Level. 1.1 Nature of economics1.1.1 Economics as a social science1.1.2 Positive and normative economic statements1.1.3 The economic problem1.1.4 Production possibility frontiers1.1.5 Specialisation and the division of labour1.1.6 Free market economies, mixed economy and command economy 1.2 How markets work 1.2.1 Rational decision making1.2.2 Demand1.2.3 Price, income and cross elasticities of … Edexcel economics a level past papers for compare and contrast essay 5th grade. • Index to track each Paper. Home; Tuesday, July 10, 2012. > Past Papers > A-Level Economics > Paper 1 > A-Level Edexcel Economics: Paper 1 (Microeconomics) A-Level Edexcel Economics: Paper 1 (Microeconomics) June 2018 (A2) Mark Scheme Paper. 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