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:

  1. Scarcity, choice and resource allocation
  2. Different allocative mechanisms
  3. Production possibility curves
  4. Problems of transition
  5. The margin: decision making at the margin
  6. Positive and normative statements
  7. Ceteris paribus
  8. Factors of production: land, labour, capital, enterprise
  9. Division of labour
  10. Money: its functions and characteristics

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Upload of Tutorials Under O Level Unit 7 is complete!

HDI components
Cambridge O Level Unit 7 – Developed and Developing Economies: trends in
production, population and living standards

Topics covered in this unit

  1. Why some countries are classified as developed and others are not
  2. Absolute and relative poverty
  3. Policies to alleviate poverty
  4. Factors affecting population growth
  5. Consequences of population changes at different stages of development
  6. The effects of changing size and structure of population on an economy
  7. Comparing developed and developing countries and regions within a country

Upload of Tutorials Under O Level Unit 6 is complete!

Maldives Inflation
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!

Tutorial Updates
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

Unit 4 of O Level Tutorials Complete!

Tutorial Updates
Unit 4: The private firm as producer and employer

Topics covered in this unit:

1. Types of business organisations

2. Changes in the structure of business organisations

3. Determinants of demand for factors of production

4. Labour-intensive and capital-intensive production

5. Production and Productivity

6. Total and average cost, fixed and variable cost

7. Relationship between average cost and total output

8. Total and average revenue

9. Profit maximisation as a goal of business organisations

10. Pricing and output policies in perfect competition and monopoly

11. Main reasons for the different sizes of firms

12. Advantages and Disadvantages of Monopoly

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