Specialisation Study guides, Class notes & Summaries

Globalisation Increased interdependence between countries and the rapid rate of change it brings about Factors contributing to globalisation (5) Improvements in infrastructure (Quicker, more reliable and cheaper methods enabling production) Improvements in IT and communication (Allows global operations) Trade Liberalisation (Reduces protectionism and makes trade cheaper - specialisation) International financial markets (Raising money and transferring it globally) TNCs (Low p...

Edexcel A-level Economics Paper 1 2024/2025 questions and correct answers Economics - answer The study of the allocation of scarce resources. Economic Goods - answer Resources that are scarce. Short Run - answer A time period where at least one factor of production is fixed. Long Run - answer A time period where all factors of production are variable. Productivity - answer The output per unit of input. The Economic Problem - answer Resources are scarce but wants are infinite. Sca...

Started on Sunday, 14 April 2024, 3:48 PM State Finished Completed on Sunday, 14 April 2024, 4:03 PM Time taken 15 mins 6 secs Grade 65.00 out of 100.00 Question 1 Incorrect Mark 0.00 out of 5.00 Flag question Question text Choose the correct option. Large scale organisations with fixed rules and procedures, staffed by full-time officials, can according to Max Weber, be described as ... 1. peer groups 2. status groups 3. informal associations 4. bureaucracies Select o...

The following document provides you with all the necessary literature for the EBCP course (Clinical Developmental Psychology specialisation). The literature is well summarised and provides you only with the important information that you will need to properly understand the essence of each literature piece.

What are the four assumptions of micro economics? - ANSWERSRational Consumers, perfectly competitive market, average consumer, ceteris paribus What is a positive statement? - ANSWERSa statement that can be tested and validated What is a normative statement? - ANSWERSan opinion, a value judgement What is the economic problem? - ANSWERSResources are scarce, however wants are unlimited. There are finite resources so goods/services need to be allocated efficiently. What is opportunity co...

Edexcel A-level Economics Paper 1 2024/2025 questions and correct answers Economics - answer The study of the allocation of scarce resources. Economic Goods - answer Resources that are scarce. Short Run - answer A time period where at least one factor of production is fixed. Long Run - answer A time period where all factors of production are variable. Productivity - answer The output per unit of input. The Economic Problem - answer Resources are scarce but wants are infinite. Sca...

1. define Globalisation the process through which nation- al economies, societies and cultures are becoming increasingly intercon- nected through global networks of trade, communication, transportation and immigration 2. where are levels of globalisation the highest 3. where are levels of globalisation the lowest 4. 3 Key Characteristics of Globalisa- tion between core countries, as a result of them having sorted out major do- mestic problems, giving them spare capacity to look to solve ...

OCR 2023 GCSE Economics J205/01: Introduction to economics Question Paper & Mark Scheme (Merged) ECONOMICS Please write clearly in black ink. Do not write in the barcodes. Centre number Candidate number First name(s) Last name Oxford Cambridge and RSA Wednesday 17 May 2023 – Afternoon GCSE (9–1) Economics J205/01 Introduction to Economics Time allowed: 1 hour 30 minutes INSTRUCTIONS • Use black ink. You can use an HB pencil, but only for graphs and diagrams. • Write you...

TYPES OF ORGANISATIONS - correct answer-VOLUNTARY SECTOR -PRIVATE SECTOR -STRUCTURAL HYBRIDS & HERETICS -TRANSNATIONAL ENTITIES WHY SHOULD WE CARE ABOUT HOW SPORT IS ORGANISED? - correct answerTHE ONGOING SEARCH FOR 'EFFECTIVE' ORGANISATION THE DIMENSIONS OF ORGANISATIONAL STRUCTURE - correct answer-SPECIALISATION -FORMALISATION -CENTRALISATION SPECIALISATION IS? - correct answerTHE EXTENT TO WHICH AN ORGANISATION IS SPECIALISED OR 'DIFFERENTIATED' BECOME APPARENT. HORIZONTA...

ECS1601 Exam Preparation For 2022 – Past Papers with verified Answers. Households are confronted with unlimited wants, but with limited resources with which to satisfy those wants b) The scarcity of resources necessitate households to make choices - ANS-both a and b are correct Which of the following is/are correct regarding the distinction between macroeconomics and microeconomics? a) The price of apples at the supermarket is an example of a macroeconomic variable. b) An increase in th...