Cambridge AS & A Level Economics
1.2Economic methodology
Economic methodology in Cambridge AS & A Level Economics: what the syllabus expects you to know, the learning objectives and how to practise.
Subtopic22 practice questions1 lesson
Learning objectives
What the syllabus expects you to be able to do.
- 1.2.1Describe economics as a social science.
- 1.2.2Distinguish positive from normative statements (facts from value judgements).
- 1.2.3Explain the meaning of ceteris paribus.
- 1.2.4Explain the importance of the time period: short run, long run and very long run.
Lessons
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Economics as a social science: models, positive and normative statements and time periods
35 min
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Sample question
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