Cambridge AS & A Level Economics
1Basic economic ideas and resource allocation (AS Level)
In this topic
Lessons
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Scarcity, choice and opportunity cost
40 min
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Economics as a social science: models, positive and normative statements and time periods
35 min
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Rent, wages, interest and profit: the rewards to the factors of production
45 min
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The entrepreneur, specialisation and the division of labour
35 min
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The factors of production
35 min
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Market, planned and mixed economic systems
40 min
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Production possibility curves: shapes, shifts and limits
40 min
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Classifying goods: free, private, public, merit and demerit goods
40 min
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