OCR GCSE Revision Guide (Network license)

£85.00

Comprehensive list of definitions and coverage of syllabus
Network license includes Word version and unlimited distribution within educational establishment – £85.00
Updated Feb 2019.
Specifically based on OCR GCSE syllabus (exams from 2019)
Designed to help answer potential exam questions
106 pages, 22,000 words, graphs and diagrams
E-Book comes as a pdf and is available immediately after purchase

Description

1.1 Main economic groups and factors of production
1.2 The basic economic problem
- Scarcity / Opportunity cost
- Economic choices
2. The role of markets and money
2.1 The role of markets
- Different sectors – primary, secondary and tertiary
- Specialisation and exchange in markets
2.2 Demand
- •Price elasticity of demand
2.3 Supply
- Supply curve
- Price elasticity of supply
2.4 Price
- Equilibrium
- Market forces
2.5 Competition
2.6 Production
2.7 The Labour Market
2.8 The role of money and financial markets
3. Economic objectives and the role of government
3.1 Economic growth
3.2 Low unemployment
3.3 Fair distribution of income
3.4 Price stability
3.5 Fiscal Policy
3.6 Monetary policy
3.7 Supply side policy
3.8 Limitation of markets
- Externalities, taxes and subsidies