Unit 1 Basic economic ideas

Class notes on the topic of Economies in Transition. Includes the problems with transitioning from a centrally planned economy to a market economy.

Class notes on the topic of Elasticity.

Class notes on the topic of Positive & Normative Statements. Includes explanations on how to identify the different kinds of statements.

Key concepts of A2 Basic Economics. Definitions and comprehensive summary and pointers with diagrams. i got A* with these self made notes. Use to revise and study.

Class notes on the topic of Role of Enterprise. Explains the contributions of enterprise and division of labour to an economy.

Lecture notes on Production Possibility Curve (PPC)

Use these revision flashcards to ensure you have all the important materials in your long term memory. It contains : - All As level Key terms - All As-level Graphs - All As level formulas - Guide on how to use the revision flashcards Hope this helps you , Good luck.