Basic Economic Problems

Basic Economic Problems What is Economic Efficiency? Ceteris Paribus. Normative and Positive Statements. What is an Economi...

Basic Economic Problems

  1. What is Economic Efficiency?

  2. Ceteris Paribus.

  3. Normative and Positive Statements.

  4. What is an Economic System?

  5. Scarcity, Choice and Resource Allocation.

  6. What is money?

  7. Quality of Good Money

  8. Mixed Economy ( Features, Advantages and Disadvantages)

  9. Planned Economy ( Features, Advantages and Disadvantages)

  10. Market Economy ( Features, Advantages and Disadvantages)

  11. Production Possibility Curve

  12. Factors of Production

  13. Division of Labour or Specialization 



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Alevel Note: Basic Economic Problems
Basic Economic Problems
Alevel Note
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