OCR • Economics
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Modules Economics at OCR
Notes available for the following courses of Economics at OCR
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Latest notes & summaries OCR • Economics
Description of how to set up the over/under consumptionproduction cases
Evaluate the usefulness/ significance of PED/YED/XED/PES
Evaluate the extent to which the price of food is likely to rise by more than the price of air travel
Evaluate the role of specialisation and division of labour at addressing the basic economic problem
evaluate how the problem of scarcity can be used to explain the requirement to make choices between economic and free goods
Evaluate whether profit max is the most important objective 
Evaluate whether survival is the most important objective during recession
Evaluate the causes of diseconomies of scale 
Evaluate the significance of economies of scale to a firrm 
Evaluate the stent to which internal economies of scale are the most significant determinant of the prices consumers pay for their products
Evaluate the usefulness of buffer stock, tradable pollution permits, PFI, taxes regulation subsidies competition policy and maximum/minimum price
Definitions
Evaluate the impact of a monopsonist employer 
Evaluate trade unions 
Evaluate bilateral monopoly 
Evaluate the changes to the labour market