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2027/2028/2029 -Paper -2-IGCSE Economics Topic Questions -Basic-Economic-Problem-Topic-Questions-Free Preview / 1.2 Factors of production Topic Questions
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IGCSE Economics Topic Questions on 1.2 Factors of production Topic Questions/ Paper 2

  • The four factors of production are: land, labour, capital and enterprise
  • Land: Land refers to all the natural resources
  • Labour: Labour refers to all the physical and the mental efforts of workers. For example, a teacher
  • Capital: Capital refers to all the man-made goods used in the production for example: Machinery
  • Enterprise: Enterprise refers to the risk bearing and the decision-making function. For example, An entrepreneur

2027/2028/2029 -Paper -1-IGCSE Economics Topic Questions -Basic-Economic-Problem-Topic-Questions-Free Preview

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PAPER-1-Topic-3-Microeconomic Decision Makers

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Paper 1 Topic 4- Government and the Macroeconomy

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Paper-1-Topic-6- International trade and globalisation

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PAPER-2-TOPIC-3-MICRO-ECONOMIC DECISION MAKERS-TOPIC-WISE PAST PAPERS

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2027/2028/2029 -Paper -1-IGCSE Economics Topic Questions -Basic-Economic-Problem-Topic-Questions-Free Preview
1.1 The nature of the basic economic problem Topic Questions
1.1.1.1
Finite resources and infinite wants-set-1-qp.pdf Locked
Finite resources and infinite wants-set-1-ms.pdf Locked
Finite resources and infinite wants-set-2-qp.pdf Locked
Finite resources and infinite wants-set-2-ms.pdf Locked
Finite resources and infinite wants-set-3-qp.pdf Locked
Finite resources and infinite wants-set-3-ms.pdf Locked
Finite resources and infinite wants-set-4-qp.pdf Locked
Finite resources and infinite wants-set-4-ms.pdf Locked
Finite resources and infinite wants-set-5-qp.pdf Locked
Finite resources and infinite wants-set-5-ms.pdf Locked
1.1.1.2
Concept-of-Scarcity-set-1-qp.pdf Locked
Concept-of-Scarcity-set-1-ms.pdf Locked
1.1.3
Economic goods and free goods-set-1-qp.pdf Locked
Economic goods and free goods-set-1-ms.pdf Locked
1.2 Factors of production Topic Questions
1.2.1
Factors of production and their rewards-set-1-qp.pdf Locked
Factors of production and their rewards-set-1-ms.pdf Locked
Factors of production and their rewards-set-2-qp.pdf Locked
Factors of production and their rewards-set-2-ms.pdf Locked
Factors of production and their rewards-set-3-qp.pdf Locked
Factors of production and their rewards-set-3-ms.pdf Locked
Factors of production and their rewards-set-4-qp.pdf Locked
Factors of production and their rewards-set-4-ms.pdf Locked
Factors of production and their rewards-set-5-qp.pdf Locked
Factors of production and their rewards-set-5-ms.pdf Locked
1.2.2
Quantity and quality of factors of production-set-1-qp.pdf Locked
Quantity and quality of factors of production-set-1-ms.pdf Locked
1.3 Opportunity cost Topic Questions
1.3.1
Opportunity cost-set-1-qp.pdf Locked
Opportunity cost-set-1-ms.pdf Locked
Opportunity cost-set-2-qp.pdf Locked
Opportunity cost-set-2-ms.pdf Locked
1.3.2
The influence of opportunity cost on decision-making-set-1-qp.pdf Locked
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The influence of opportunity cost on decision-making-set-2-qp.pdf Locked
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The influence of opportunity cost on decision-making-set-3-qp.pdf Locked
The influence of opportunity cost on decision-making-set-3-ms.pdf Locked
1.4 Production possibility curve (PPC) diagrams Topic Questions
1.4.1.1
Production possibility curves -Definition-and-Basics-set-1-qp.pdf Locked
Production possibility curves -Definition-and-Basics-set-1-ms.pdf Locked
1.4.1.2
Drawing and interpretation of the PPC diagram-set-1-qp.pdf Locked
Drawing and interpretation of the PPC diagram-set-1-ms.pdf Locked
Drawing and interpretation of the PPC diagram-set-2-qp.pdf Locked
Drawing and interpretation of the PPC diagram-set-2-ms.pdf Locked
Drawing and interpretation of the PPC diagram-set-3-qp.pdf Locked
Drawing and interpretation of the PPC diagram-set-3-ms.pdf Locked
Drawing and interpretation of the PPC diagram-set-4-qp.pdf Locked
Drawing and interpretation of the PPC diagram-set-4-ms.pdf Locked
Drawing and interpretation of the PPC diagram-set-5-qp.pdf Locked
Drawing and interpretation of the PPC diagram-set-5-ms.pdf Locked
1.4.2
Points under, on and beyond a PPC-set-1-qp.pdf Locked
Points under, on and beyond a PPC-set-1-ms.pdf Locked
Points under, on and beyond a PPC-set-2-qp.pdf Locked
Points under, on and beyond a PPC-set-2-ms.pdf Locked
1.4.3
Movements along a PPC-set-1-qp.pdf Locked
Movements along a PPC-set-1-ms.pdf Locked
1.4.4
Shifts of a PPC-set-1-qp.pdf Locked
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