Study Presentations
Production Possibility Frontiers
- Level:
- AS, A-Level, IB
- Board:
- AQA, Edexcel, OCR, IB, Eduqas, WJEC
Last updated 26 Jan 2019
This revision presentation looks at the economics of the production possibility frontier
Ways of causing an outward shift of a country’s production possibility frontier:
- Investment in capital i.e. plant and machinery and new technology
- Inward migration of younger, skilled workers
- Discovery of new natural resources
- Improved education, training and healthcare to lift labour productivity
- Innovations that increase output per unit and reduce resource wastage
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