Economics

Study Notes

The Problem of Scarcity

Level:
GCSE, AS, A Level
Board:
AQA, Edexcel, OCR, IB, Eduqas, WJEC

The Economist's Dictionary of Economics defines economics as "The study of the production, distribution and consumption of wealth in human society"


Revision Video: Production Possibility Frontiers and Opportunity Cost

PPF and Opportunity Cost revision video

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