Objectives covered per the CAIE A level Economics syllabus:
Define the meaning of an indifference curve and a budget line
Explain the causes of a shift in the budget line
Analyze the income, substitution and price effects for normal, inferior and giffen goods
Evaluate the limitations of the model of indifference curves
● Explain how wage and non-wage factors can affect an individual’s choice of occupation
● Explain how labour markets can determine wages
● Explain reasons why some occupations pay more than others
● Discuss the advantages and disadvantages of specialisation for firms, workers and the economy
Comprehensive slides on the following objectives:
describe what determines the demand for factors of production
explain the advantages and disadvantages of labor-intensive and
capital-intensive production
distinguish between and explain the influences on production and
productivity.
A colorful and thorough coverage of Firms, per the outcomes:
Classify firms in terms of primary/secondary/tertiary sector and public/private sector
Understand the advantages and disadvantages of small firms
Understand the causes of growth of firms
Discuss the advantages and disadvantages of different types of mergers
Understand economies and diseconomies of scale
A colourful and succint presentation on:
The components of the current account of the balance of payments
Calculations in balance of trade in goods, services and in goods of services (as well as the overall current account balance
includes a 10 question kahoot
Complete set of slides covering Cambridge International IGCSE topic of Montetary Policy.
Topics coverered as follows:
What is Monetary Policy?
Monetary Policy Measures
Aims of Monetary Policy
Effects on Macroeconomic Aims
Limitations
Also, includes a Kahoot on Fiscal and Monetary Policy!
Comprehensive .ppt of Fiscal Policy section for Cambridge International IGCSE on Fiscal Policy.
Includes useful flow diagrams to explain concepts of expansionary and contractionary fiscal policy.
Also, 10 multiple choice questions included.
In addition, 20 mark short answer questions included (together with marking guideline).
Details as follows:
FISCAL POLICY
EXPANSIONARY POLICY
CONTRACTIONARY POLICY
TYPES OF TAXATION
PRINCIPLES OF TAXATION
IMPACT OF TAXATION