Unit 1 Basic economic ideas

CIE

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Cambridge A-Level Economics 9708: Economic Systems
  • Lecture notes

    Cambridge A-Level Economics 9708: Economic Systems

  • Class notes on the topic of Economic Systems. Includes detailed descriptions and explanations of market economies, mixed economies, and planned economies. Notes on ownership of FOPs, allocation of resources, competition, role of government, decision making, externalities, and information failure.
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Cambridge A-Level Economics 9708: Economies in Transition
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    Cambridge A-Level Economics 9708: Economies in Transition

  • Class notes on the topic of Economies in Transition. Includes the problems with transitioning from a centrally planned economy to a market economy.
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Cambridge A-Level Economics 9708: Elasticity
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    Cambridge A-Level Economics 9708: Elasticity

  • Class notes on the topic of Elasticity.
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Cambridge A-Level Economics 9708: Money
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    Cambridge A-Level Economics 9708: Money

  • Class notes on the topic of Money. Includes definitions and explanations regarding the types of money, functions of money and characteristics of money.
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Cambridge A-Level Economics 9708: Opportunity Cost & PPF
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    Cambridge A-Level Economics 9708: Opportunity Cost & PPF

  • Class notes on the topic of Opportunity Cost & PPF. Includes definitions, examples and diagrams regarding opportunity cost, PPF, production effieciency, production inefficiency, types of curves and causes of shifts.
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Cambridge A-Level Economics 9708: Positive & Normative Statements
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    Cambridge A-Level Economics 9708: Positive & Normative Statements

  • Class notes on the topic of Positive & Normative Statements. Includes explanations on how to identify the different kinds of statements.
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Cambridge A-Level Economics 9708: Role of Enterprise
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    Cambridge A-Level Economics 9708: Role of Enterprise

  • Class notes on the topic of Role of Enterprise. Explains the contributions of enterprise and division of labour to an economy.
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Cambridge A-Level Economics 9708: Specialisation & Division of Labour Notes
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    Cambridge A-Level Economics 9708: Specialisation & Division of Labour Notes

  • Class notes on the topic of Specialisation & Division of Labour. Includes definitions, and advantages & disadvantages in regards to workers, firms and nations.
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Lecture notes on Production Possibility Curve (PPC)
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    Lecture notes on Production Possibility Curve (PPC)

  • Lecture notes on Production Possibility Curve (PPC)
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Lecture notes  Unit 1 - Basic economic ideas
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    Lecture notes Unit 1 - Basic economic ideas

  • Lecture notes Unit 1 - Basic economic ideas
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