- O Level Tutorials
- Basic economic problem: choice and the allocation of resources
- The allocation of resources: how the market works; market failure
- The private firm as producer and employer
- Types of Business Ogranizations
- Changes in the structure of business organisations
- Determinants of demand for factors of production
- Labour-intensive and capital-intensive production
- Production and Productivity
- Total and average cost, fixed and variable cost
- Relationship between average cost and output
- Total Revenue and Average Revenue
- Profit maximisation as a goal of business organisations
- Pricing and output policies in perfect competition and monopoly
- Main reasons for the different sizes of firms
- Advantages and disadvantages of monopoly
- The individual as producer, consumer and borrower
- Money and Exchange
- Functions of central banks, stock exchanges, commercial banks
- Factors affecting an individual’s choice of occupation
- Changes in an individual's earnings over time
- differences in earnings between different groups of workers
- Trade unions and their role in an economy
- Division of Labour/Specialisation
- Spending, saving and borrowing
- Expenditure patterns of different income groups
- Role of government in an economy
- Economic indicators
- Developed and developing economies
- Why some countries are classified as developed and others are not
- Absolute poverty 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
- International Trade
- Economics Terms
- A/L Edexcel
- Competitive Markets- How they work and why they fail
- Nature of Economics
- Elasticity of Demand
- Determinants of Supply
- Determining the Price, Functions of Prices, Consumer/Producer Surplus
- Price Changes Explained
- Incidence of Taxation and Subsidies
- Wage rate determination in labour markets
- Market Failure
- How governments attempt to correct market failure
- Government Failure
- Production Possibility Curves
- Determinants of Demand
- Specialisation and division of labour
- Managing the economy
- Wealth and its relationship to income
- Measuring Economic Growth
- Aggregate Demand
- Measuring Inflation
- Aggregate Supply
- Measuring Unemployment
- The balance of payments
- Glossary of Unit 2 : Managing the economy
- Human Development Index
- Other measures of growth
- Circular flow of income
- Determining the price level and equilibrium level of real output
- Causes, costs and constraints on economic growth
- Macroeconomic objectives of governments
- Demand-Side Macroeconomic Policy Instruments
- Supply-Side Policies
- Business Economics and Economic Efficiency
- The Global Economy
- A Level Quizzes(Edexcel)
- Competitive Markets- How they work and why they fail
- A/L Cambridge
- Basic economic ideas and resource allocation
- Scarcity, choice and opportunity cost
- Different allocative mechanisms
- Production possibility curves(PPC)
- Problems of transition
- The margin: decision making at the margin
- Positive and normative statements
- Ceteris paribus
- Factors of production
- Division of labour
- Money: its functions and characteristics
- Classification of goods and services
- Externalities and Market Failure
- Social costs and benefits; cost-benefit analysis
- The price system and the micro economy
- Individual and Market Demand Curves
- Factors influencing demand
- Movements along and shifts of a demand curve
- Price, income and cross-elasticities of demand
- Individual and market supply curves
- Price Elasticity of Supply
- Equilibrium and Disequilibrium in the market
- Joint demand and alternative demand
- The workings/functions of the price mechanism
- Consumer Surplus and Producer Surplus
- Law of diminishing marginal utility
- Government microeconomic intervention
- Basic economic ideas and resource allocation
- Quizzes
- Economics Ebooks
- Modern Economic Problems by Frank A. Fetter
- The Principles of Political Economy, and Taxation by David Ricardo
- Political economy by William Stanley Jevons
- The Wealth of the People: Your Wealth By Fernando Urias
- The Wealth of the People: Your Neighbor’s Wealth By Fernando Urias
- The Wealth of the People: The Wealth of the Market By Fernando Urias
- Economics of Freedom : What Your Professors Won’t Tell You
- Q & A
- News
- More