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CIE AS level economics revision guide

CIE-AS-Economics-Revision-Guide-2015-V1
  • E-book (comes in pdf format shortly after purchase.)
  • Specific Cambridge International (CIE) AS-level economics revision guide (units 1,2) – just £4.50
  • Updated for current CIE economics syllabus (exams 2016-18)
  • Trademark simplicity and clarity of presentation.
  • Significantly expanded on previous version, with not just required knowledge, but also examples of evaluation for each topic.
  • For schools – See: Network License – A-level CIE Economics (£95.00) (allowing unlimited use)

CIE A level economics revision guide

CIE-A-Level-Economics-Revision-Guide-2015-V1
  • Specific Cambridge International (CIE) A-level economics revision guide (units 1,2,3,4) – just £8.95
  • Updated for current CIE economics syllabus.
  • E-book (comes in pdf format shortly after purchase.)
  • Trademark simplicity and clarity of presentation.
  • Significantly expanded on previous version, with not just required knowledge, but also examples of evaluation for each topic.
  • For schools – See: Network License – A-level CIE Economics (£105.00) (allowing unlimited use)

External Benefits

Definition – An external benefit occurs when producing or consuming a good causes a benefit to a third party. The existence of external benefits (positive externalities) means that social benefit will be greater than private benefit. Example of external benefit In this example, of cycling to work, there is Private benefit We save on a …

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Price regulation / restrictions

market-equilibrium

Readers question: Please tell me some products for which equilibrium price is not favourable for some producers and consumers which invite the state to impose price restriction. The equilibrium price is the price determined in a free market; the price determined by the interaction of supply and demand. Under what conditions could this market price …

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Economics and the environment

Readers Question: Is it possible to construct the economic system so that does not rely on expanded growth which as we all know, is damaging the environment? causing pollution e.t.c. Could we have a society without economic growth? or as economists might prefer to answer – Can we have environmentally sustainable economic growth? To promote …

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WJEC A-level economics revision guide

WJEC-A-Level-Economics-Revision-Guide
  • Specific WJEC A-level economics revision guide (units 1,2,3,4) – just £8.95
  • Updated for the new WJEC economics syllabus. Last updated June 2022.
  • E-book (comes in pdf format shortly after purchase.)
  • Also suitable for Eduqas. Eduqas is part of WJEC and it is the same syllabus.
  • Trademark simplicity and clarity of presentation.
  • Significantly expanded on previous version, with not just required knowledge, but also examples of evaluation for each topic.
  • For schools – See: Network License – A-level WJEC Economics (£105.00) (allowing unlimited use)

New Trade Theory

New trade theory (NTT) suggests that a critical factor in determining international patterns of trade are the very substantial economies of scale and network effects that can occur in key industries. These economies of scale and network effects can be so significant that they outweigh the more traditional theory of comparative advantage. In some industries, …

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Economics Summary

excess-supply

Economics is concerned with the optimal distribution of scarce resources within society. For example, economics is concerned with how individual decisions like how firms produce goods and which goods people buy. An important element in economics is concerned with the extent to which governments can intervene in the economy to improve economic welfare. Economics is …

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