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A Level Economics

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01 Scarcity, choice and opportunity cost

1.1 The fundamental economic problem 1 Topic

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1.1.1 The fundamental economic problem – Q&A

1.2 Unlimited wants 1 Topic

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1.2.1 Unlimited wants – Q&A

1.3 Choice and opportunity cost 1 Topic

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1.3.1 Choice and opportunity cost – Q&A

1.4 What to produce, how to produce and for whom to produce? 1 Topic

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1.4.1 What to produce, how to produce and for whom to produce? – Q&A

02 Economic methodology

2.1 What is economics? 1 Topic

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2.1.1 What is economics – Q&A

2.2 Economics as a social science 1 Topic

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2.2.1 Economics as a social science – Q&A

2.3 Positive and normative statements 1 Topic

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2.3.1 Positive and normative statements – Q&A

2.4 Meaning of the term *ceteris paribus* 1 Topic

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2.4.1 Meaning of the term ceteris paribus – Q&A

2.5 The importance of time periods 1 Topic

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2.5.1 The importance of time periods Q&A

03 Factors of production

3.1 The factors of production 1 Topic

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3.1 The factors of production

3.2 The difference between human capital and physical capital 1 Topic

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3.2 The difference between human capital and physical capital

3.3 Specialisation and the division of labour 1 Topic

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3.3 Specialisation and the division of labour

3.4 The role of the entrepreneur 1 Topic

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3.4 The role of the entrepreneur

04. Resource allocation in different economic systems

4.1 What are economic systems? 1 Topic

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4.1 What are economic systems?

4.2 The market economy 1 Topic

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4.2 The market economy

4.3 The planned economy 1 Topic

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4.3 The planned economy

4.4 The mixed economy 1 Topic

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4.4 The mixed economy

05 Production possibility curves

5.1 The production possibility curve 1 Topic

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5.1 The production possibility curve

5.2 The production possibility curve and opportunity cost 1 Topic

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5.2 The production possibility curve and opportunity cost

5.3 The shape of the production possibility curve 1 Topic

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5.3 The shape of the production possibility curve

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