iGCSE ECONOMICS REVISION, CLASS OF 2018
Home
Glossary
Unit 1: Market Systems
DEMAND AND SUPPLY
>
THE MARKET SYSTEM
THE DEMAND CURVE
FACTORS THAT AFFECT DEMAND
THE SUPPLY CURVE
FACTORS THAT AFFECT SUPPLY
MARKET EQUILIBRIUM
PED
PES
IED
APPLICATIONS OF ELASTICITY
The role of the market in solving the economic problem
>
RESOLVING SCARCITY
THE MIXED ECONOMY
The labour market: an example of a market in a mixed economy
>
THE DIVISION OF LABOUR
THE LABOUR MARKET
INTERFERENCE IN THE LABOUR MARKET
UNIT 2: BUSINESS ECONOMICS
Production
>
The factors of production and productivity
sectors of the economy
production costs and revenues
economies and diseconomies of scale
productivity and wealth creation
Externalities: costs and benefits
Competition
>
Competitive markets
Advantages and disadvantages of large and small firms
The growth of firms
Monopoly
Oligopoly
Public and private sector
>
Public and private sectors
Government regulation
Privatisation
UNIT 3: GOVERNMENT AND THE ECONOMY
UNIT 4: The global economy
Exam Preparation and Revision
Past papers
>
2011 paper
2012 paper
2013 paper
2014 paper
2015 paper
2016 paper
Year 10 Blog
Home
Glossary
Unit 1: Market Systems
DEMAND AND SUPPLY
>
THE MARKET SYSTEM
THE DEMAND CURVE
FACTORS THAT AFFECT DEMAND
THE SUPPLY CURVE
FACTORS THAT AFFECT SUPPLY
MARKET EQUILIBRIUM
PED
PES
IED
APPLICATIONS OF ELASTICITY
The role of the market in solving the economic problem
>
RESOLVING SCARCITY
THE MIXED ECONOMY
The labour market: an example of a market in a mixed economy
>
THE DIVISION OF LABOUR
THE LABOUR MARKET
INTERFERENCE IN THE LABOUR MARKET
UNIT 2: BUSINESS ECONOMICS
Production
>
The factors of production and productivity
sectors of the economy
production costs and revenues
economies and diseconomies of scale
productivity and wealth creation
Externalities: costs and benefits
Competition
>
Competitive markets
Advantages and disadvantages of large and small firms
The growth of firms
Monopoly
Oligopoly
Public and private sector
>
Public and private sectors
Government regulation
Privatisation
UNIT 3: GOVERNMENT AND THE ECONOMY
UNIT 4: The global economy
Exam Preparation and Revision
Past papers
>
2011 paper
2012 paper
2013 paper
2014 paper
2015 paper
2016 paper
Year 10 Blog