The following are the new tutorials posted under A Level Cambridge Unit 2 (Price system and the theory of the firm):
New tutorial posted: Individual and market demand
This tutorial is posted under ‘Cambridge A Level Economics’.
Individual Demand means the goods and services demanded by an individual. Individual demand for a particular good means the demand for that good by a specific individual. Read More …
Unit 1 of Cambridge A Level Economics (Basic Economic Ideas)
Tutorials have been uploaded to cover the syllabus contents of the Unit 1 of Cambridge A Level Economics (Basic Economic Ideas)
The tutorials cover the following topics:
- Scarcity, choice and resource allocation
- Different allocative mechanisms
- Production possibility curves
- Problems of transition
- The margin: decision making at the margin
- Positive and normative statements
- Ceteris paribus
- Factors of production: land, labour, capital, enterprise
- Division of labour
- Money: its functions and characteristics
Click here to go to these tutorials
I hope you find this work useful.
New Quiz Added: Quiz 12 (O Level Unit 6)
New Quiz(Quiz 12) Added. It is from Cambridge O Level Unit 6 (Economic Indicators)
Click Here to go to Quiz 12
Upload of Tutorials Under O Level Unit 7 is complete!
Cambridge O Level Unit 7 – Developed and Developing Economies: trends in
production, population and living standards
Topics covered in this unit
- Why some countries are classified as developed and others are not
- Absolute and relative poverty
- Policies to alleviate poverty
- Factors affecting population growth
- Consequences of population changes at different stages of development
- The effects of changing size and structure of population on an economy
- Comparing developed and developing countries and regions within a country
New Quiz Added: Quiz 11(O Level Unit 5)
New Quiz added. It is from Cambridge O Level Unit 5 (Role of government in an economy)
Click here to go to Quiz 11
Good Luck!
Upload of Tutorials Under O Level Unit 6 is complete!
O Level Unit 6: Economic Indicators
Topics covered in this unit
1. How a consumer prices index/retail prices index is calculated
2. Inflation
3. Deflation
4. Changing patterns and levels of employment
5. Causes and consequences of unemployment
6. Gross Domestic Product(GDP)
7. Recession
8. Measures and Indicators of comparative living standards
Unit 3 of A Level Tutorials Complete!
A Level Unit 3: Business Economics and Economic Efficiency
Topics covered in this unit
1. Motives of a firm
2. Why and how do firms grow?
3. Introduction to market structures
4. Perfect competition
5. Perfect competition equilibrium
6. Monopoly
7. Oligopoly and game theory
8. Monopolistic competition
9. Comparing the monopolist and perfect competition
10. Government intervention to promote competition
New Quiz Added: Quiz 10(O Level Unit 4)
New Quiz Added. It is from Cambridge O level unit 4 (The private firm as producer and employer)
Click here to go to Quiz 10
Good Luck!