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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