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ZIMSEC A-Level Economics

2Economic Resources

Economic Resources in ZIMSEC A-Level Economics: what the syllabus expects you to know, the learning objectives and how to practise.
Topic178 practice questions8 lessons

Overview

Form 5 (competency matrix 8.1.2).

In this topic

Lessons

  • The factors of production

    35 min

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  • Scarcity, choice and opportunity cost

    40 min

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  • Production possibility curves: shapes, shifts and limits

    40 min

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  • Functions of the price mechanism and links between markets

    40 min

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  • Market, planned and mixed economic systems

    40 min

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  • The entrepreneur, specialisation and the division of labour

    35 min

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  • Sources of finance for a business

    40 min

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  • Forms of business organisation and business ethics

    40 min

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Sample question

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

Economic Resources: sample question

1 mark

Which statement describes a mixed economy?

Choose one answer

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