Economics

Conflicts – Macro-economic objectives (AS/A LEVELS/IB/IAL)

682

0

Conflicts – Macro-economic objectives Economic Growth & Inflation (1-3%) A rise in economic growth (GDP) could lead to a rise in demand pull inflation. This would only cause a problem if inflation increased above the government’s target rate of 1-3%. Economic Growth & Balance of Payments A rise in economic growth will lead to a […]
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Conflicts – Macro-economic objectives (AS/A LEVELS/IB/IAL)
Opportunity Cost (AS/A LEVELS/IB/IAL)

686

0

Opportunity cost is to do with making choices.
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Opportunity cost is to do with making choices.
Positive Economics (AS/A LEVELS/IB/IAL)

659

0

Positive economics is concerned with factual information.
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Positive economics is concerned with factual information.
PPF Curves – Production Possibility Frontiers (AS/A LEVELS/IB/IAL)

9422

0

A production possibility frontier (PPF) shows the maximum potential output of two goods or services that can be produced when all resources are fully employed.
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A production possibility frontier (PPF) shows the maximum potential output of two goods or services that can be produced when all resources are fully employed.
Direct & Indirect Taxes (AS/A LEVELS/IB/IAL)

2397

0

A tax is a compulsory charge on the price of goods and services.
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A tax is a compulsory charge on the price of goods and services.
Normative Economics (AS/A LEVELS/IB/IAL)

628

0

Normative economics is concerned with value-judgements and opinions.
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Normative economics is concerned with value-judgements and opinions.
Factors of Production (AS/A LEVELS/IB/IAL)

616

0

Factors of production (Capital, Enterprise, Labour, Land) are used to produce goods and services.
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Factors of production (Capital, Enterprise, Labour, Land) are used to produce goods and services.
Demand (AS/A Levels/IB/IAL)

1903

0

0

Edexcel/AQA/OCR/WJEC Microeconomicse
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Edexcel/AQA/OCR/WJEC 
Microeconomicse

Showing 81-88 of total 88 courses