Economics
Opportunity Cost (AS/A LEVELS/IB/IAL)
442
0
Opportunity cost is to do with making choices.
Learn More
Positive Economics (AS/A LEVELS/IB/IAL)
400
0
Positive economics is concerned with factual information.
Learn More
PPF Curves – Production Possibility Frontiers (AS/A LEVELS/IB/IAL)
5292
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.
Learn More
Taxes (AS/A LEVELS/IB/IAL)
1434
0
A tax is a compulsory charge on the price of goods and services.
Learn More
Normative Economics (AS/A LEVELS/IB/IAL)
403
0
Normative economics is concerned with value-judgements and opinions.
Learn More
Factors of Production (AS/A LEVELS/IB/IAL)
413
0
Factors of production (Capital, Enterprise, Labour, Land) are used to produce goods and services.
Learn More
0