New Quiz(Quiz 12) Added. It is from Cambridge O Level Unit 6 (Economic Indicators)
Click Here to go to Quiz 12
New Quiz(Quiz 12) Added. It is from Cambridge O Level Unit 6 (Economic Indicators)
Click Here to go to Quiz 12
Cambridge O Level Unit 7 – Developed and Developing Economies: trends in
production, population and living standards
New Quiz added. It is from Cambridge O Level Unit 5 (Role of government in an economy)
Click here to go to Quiz 11
Good Luck!
O Level Unit 6: Economic Indicators
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
A Level Unit 3: Business Economics and Economic Efficiency
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
New Quiz Added. It is from Cambridge O level unit 4 (The private firm as producer and employer)
Click here to go to Quiz 10
Good Luck!
Unit 4: The private firm as producer and employer
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
Unit 2: Managing the economy
– Measuring Economic Growth
– Measuring Inflation
– Measuring unemployment
– Balance of Payments
– Human Development Index
– Other measures of development
– Circular flow of income
– Wealth and its relationship to income