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ZIMSEC A-Level Economics

5.5Economic efficiency

Economic efficiency in ZIMSEC A-Level Economics: what the syllabus expects you to know, the learning objectives and how to practise.
Subtopic23 practice questions1 lesson

Learning objectives

What the syllabus expects you to be able to do.

  1. 5.5.1Assess allocative, productive and technical efficiency, and evaluate the efficiency of firms in different market structures.

Lessons

  • Judging how well markets use resources: the five kinds of efficiency

    50 min

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Sample question

A sample question on this topic. Answer it, check it, then read the worked answer.

Economic efficiency: sample question

1 mark

Allocative efficiency in a market with no externalities requires that

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Turn Economic efficiency into a strength.

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